Two thirds of the Aareal EuroLogistics Fund already placed

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

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