Aareal Bank has placed around two thirds of its Aareal EuroLogistics Fund, launched last year, with institutional investors. The Fund is investing around €500 million in selected logistical property around Europe.
Investment activity will be focused on Germany, with a share of around 45%. The remaining investment volume will flow into other continental Europe countries. The expected return for investors totals more than 13% p.a. The maturity of the Fund is set at ten years. Aareal EuroLogistics is the third in a series of Europe-wide real estate investment funds from Aareal Asset Management to focus on institutional investors.
Property Asset Management is Aareal Bank’s third business segment, alongside Structured Property Financing and Consulting / Services. The property bank group manages assets totalling roughly €4 billion and offers a broadly diversified investment spectrum across various countries and sectors, spanning from closed-end funds in the sense of German and
international law to special funds as understood by the German Investment Act.
Source: Aareal Bank