TH Real Estate has announced the launch of its second European Logistics product. The European Logistics Fund is an investment vehicle clients seeking low risk assets. ELOF has already raised over €200m and expects to complete the €250m it’s targeting by the end of the year. Investors include pension funds, insurance firms and banks comprising a club of 8–10 investors. The fund is targeting a portfolio of properties in France, Spain, the Netherlands and Italy with a value of approximately €400m with gearing. TH Real Estate owns logistics assets across the globe but in Germany they, are located predominantly in Germany, France and the UK. Local TH Real Estate teams of specialists invest, manage and engineer the growing portfolio. Tim Hennes, Senior Investment Manager for European logistics will be the fund manager for The European Logistics Fund.
