AEW Europe has hired two senior executives to further strengthen its European platform ahead of a second closing before the year-end of a logistics fund which is expected to receive equity commitments of over €1 bn.

AEW Europe has hired two senior executives to further strengthen its European platform ahead of a second closing before the year-end of a logistics fund which is expected to receive equity commitments of over €1 bn.

The firm also said that it has raised 'significant' capital to invest in Europe and specifically the German market from separate accounts and, most recently, the Europe Value Investors Fund.

Arndt Rellecke has joined the German investment team of AEW Europe as a director based in Dusseldorf. He will have a particular focus on securing and executing logistics investments and will report to Gereon Kohlgruber, head of investments in Germany.

Rellecke joins AEW Europe from Goodman Europe where he has worked since 2008, based in Dusseldorf.

Also joining the asset management team in Germany is Tim Schluter from CR Investment Management. He will report to Tim Hennes and will be a senior member of the German asset management team.