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Fidelity European logistics climate impact fund raises additional €110 million

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 worth of assets consisting of 10 European properties in the Netherlands, Spain, Germany and France. 

Source: realassets.ipe.com on the 24 March 2025 
https://realassets.ipe.com/news/fidelity-european-logistics-climate-impact-fund-raises-additional-110m/10129620.article