Real I.S. targets €600m in logistics investments

German asset manager Real I.S. has launched a new logistics real estate fund, LogistiX, targeting €600 mln in investments from German institutional investors.

Real I.S. HQ

Focusing on prime logistics locations within the Eurozone, such as traffic junctions and metropolitan areas, the fund aims for an annual payout yield of 5-6%.
Real I.S. cites favourable market conditions, including rising rents, strong demand driven by reshoring and e-commerce, and increasing emphasis on ESG standards, as key drivers for investment in the logistics sector.
Real I.S. CEO Christine Bernhofer said: "The first commitments confirm that it is the right time to launch the Real I.S. LogistiX. A favorable phase for building up a portfolio has begun on the logistics real estate market. This fund offer is addressed to investors looking for high-quality, sustainable properties in combination with active asset management in order to benefit from the risk structure and stability of the logistics real estate market."
Tobias Kotz, head of Client Relations & Capital Funding at Real I.S., added: "As our discussions with investors show, an interesting window opens up for many investors seeking logistics or residential properties with attractive risk-return profiles. Currently, the fundamental data of the European logistics markets offer investors the opportunity to yield profitable returns with attractive spread levels, compared to other investment products such as bonds."
The LogistiX fund will invest in a diversified portfolio of core, core-plus, and manage-to-core logistics properties across the Eurozone, primarily in Germany, France, and the Netherlands, with potential allocations to Spain, Portugal, and Poland. The fund will consider traditional warehouses, last-mile facilities, and light industrial properties. Adhering to Article 8 of the SFDR regulation, the fund integrates sustainability criteria into its investment strategy.
As BayernLB's real estate arm, Real I.S. currently manages a logistics portfolio of 22 properties valued at approximately €900 mln, totaling 800,000 m² of leasable space.