As 2014 came to an end, a number of European real estate funds held final closes.

AEW Europe has completed the final close for LOGISTIS, raising a total of €820 million of new equity. This represents the largest equity raise to date for AEW Europe and brings the total equity of LOGISTIS to more than €1.3 billion. The capital raised exceeded the original equity target, with the five largest new investors committing in excess of €600 million in aggregate. The new equity has been raised from a number of leading institutional investors from Europe and Asia.

LOGISTIS’s strategy is to build a portfolio of class A logistics parks in prominent locations across the main logistics hubs in continental Europe. The additional equity raised will be used to grow the LOGISTIS platform to more than €2 billion and to further expand its European footprint. AEW Europe has already started LOGISTIS’s expansion into Germany and will seek to complement its existing high-quality po