Hansainvest Real Assets is planning to raise up to 鈧�450m for a newly launched logistics Europe real estate fund.
The manager鈥檚 open-ended HANSA Europe Logistic Fund (HELF), which targets assets in central, western and northern Europe, has already seeded with a Dutch portfolio.
The manager said it is in talks to buy additional properties in Germany, Poland and Spain.
Hansainvest said most (70%) of the HELF fund鈥檚 investment will be in core assets and the remaining 30% of its capital will be invested in core-plus assets as it seeks to raise at lease 鈧�350m for the fund.
Nicholas Brinckmann, the speaker of the board of Hansainvest Real Assets, said: 鈥淲ith this product, we are underlining the significance attached to the logistics segment in our portfolio strategy.
鈥漀ot least of all due to the ongoing strong growth of e-commerce, logistics assets offer a sustainable attractive risk-return profile in Germany and also in the whole of Europe. For this reason, we will continue to invest here.鈥�
Philipp Middendorp, head of logistics acquisitions real estate at Hansainvest Real Assets, said: 鈥淭he strong seed portfolio and the existing pipeline allow us to make quick capital calls.
鈥淔urthermore, our investors profit from the balanced investment strategy: core investments supplemented by selected core-plus investments and added value creation through project developments.鈥�
