Macquarie Asset Management said its first dedicated fund to the logistics real estate sector in Europe has closed with €260 mln in investor commitments.
Macquarie European Logistics Real Estate Fund was launched in 2021 to target opportunities in core and core-plus logistics investments across the region.
The fund received commitments from a diverse range of investors, including pension funds and insurance companies.
Macquarie said it has been successfully deployed across a portfolio of 10 European properties, including logistics facilities in the Netherlands, Denmark, Poland and Norway.
To date, the company has invested more than €13 bn in the logistics real estate sector globally, supporting the continued growth of third-party logistics, global and regional trade, near-shoring, and e-commerce.
