Panattoni today announces the launch of a pan-European fund that will invest in modern, sustainable, income-producing logistics properties.
The Panattoni Income Fund is aiming to raise €300 million of equity by 2026 and acquire €600 million of assets, developed and managed by Panattoni. Panattoni’s owners and management team will be co-investing.
The fund will acquire stabilised assets and forward-purchase pre-let developments, all with the highest sustainability ratings, in countries where Panattoni operates, including Central and Eastern Europe, (particularly Poland), UK, Italy, Spain, Germany, Austria, the Netherlands and Scandinavia. It is being seeded with stabilised Panattoni-managed assets in Poland.
Source: press release sent on 24 September 2024