AEW Europe launches Logistis III

Real estate investment manager AEW Europe said it is launching its third specialised logistics fund: Logistis III. The company, which in 2000 and 2003 set up the Logistis I and II investment vehicles, said it aims to raise a total of EUR 350 mln in capital for its third logistics fund. The first two funds have enabled AEW Europe to build up a major position in Europe, managing close to 2 million m[sup]2[/sup] of Class A warehouses, AEW Europe said.

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