Pan-European logistics real estate specialist Verdion is to launch its second European fund.

Verdion European Logistics Fund 1 (VELF 1) closed in 2020 and is now fully committed, with capital projects and asset enhancement programmes well underway.

The follow-up is expected to be much larger than the first. 

Michael Hughes, CEO, said: ‘The market is underpinned by solid occupier demand that continues to grow in many key European geographies.’

‘We have strong leadership, excellent connections and exceptional local teams able to source and execute the range of opportunities this new fund will offer.’