Industry News

Pennsylvania Public School Employees’ Retirement System (PSERS) has made a €75 million commitment to Realterm Transportation’s Europe logistics fund. The pension fund disclosed in a board meeting document that it committed the capital to Realterm Europe Logistics Fund II, which is targeting a €400 million fundraise with a €500 million hard cap, and includes a €7.5 million general partner commitment from Realterm. Aksia, the investment consultant for Pennsylvania PSERS, disclosed in the meeting document that Fund II has so far...

Swiss Life Asset Managers is expanding its development portfolio with the acquisition of a 45,400 suare metres plot near the Ruhr area, where it will develop a modern logistics property with 24,700 square metres of rental space. The investment manager has exclusively acquired a site in Wadersloh, close to the eastern Ruhr area. Located on Diestedder Strasse, the land is fully prepared for construction. The planned “Rhine-Ruhr Northeast” project will be a state-of-the-art logistics facility, reinforcing Swiss Life Asset Managers’...

Eurazeo is investing €100 million in European data centres through a partnership with Metrobloks. The investment firm, through its newly launched EZORE fund, has partnered with data centre developer Metrobloks to develop assets at the edge of urban centres. The strategy involves acquiring land, developing and operating data centres in established tier-one and emerging tier-one markets, including Milan, Madrid, Lisbon, Berlin and Manchester. Source: realassets.ipe.com on the 24 March 2025 https://realassets.ipe.com/news/eurazeo-to-invest-100m-in-the-development-of-european-data-centres/10129624.article

Fidelity International has raised an additional €110 million for its Australian superannuation fund-backed European logistics real estate climate impact fund. The Fidelity Real Estate Logistics Impact Climate Solutions Fund (LOGICS), which secured €200 million in initial capital commitments a year ago, anchored by an €80 million investment from Rest Super, has now raised the additional €110 million from undisclosed investors. Fidelity said LOGICS’s deployable assets have reached €620 million and, since its initial closing, the fund has acquired €275 million...

Newport Logistics Fund is financing the development of a 100,000 square feet speculative warehouse by Panattoni in the UK. Panattoni and the Newport Logistics Fund III recently acquired a five-acre development site at Yeomans Drive in Milton Keynes from Tesa UK, the former occupier. The development is the first for Newport Logistics Fund III, a panEuropean fund that was launched last August to finance the development, leasing and sale of modern, sustainable logistics properties. Source: realassets.ipe.com on the 24 March...