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In accordance with the regulation relating to personal data protection, Users have a right of access, of opposition and correction of their data. To exercise their rights, Users may send a letter to the personal data protection Coordinator at the following address:

BNP PARIBAS REAL ESTATE,

To the Coordinator of the Personal Data Protection,

167 quai de la bataille de Stalingrad,

92867 ISSY LES MOULINEAUX Cedex, France,

Or by e-mail at: informatiqueetlibertes.bnppi@bnpparibas.com

For further information, please refer to the legal terms and conditions available at the bottom of this page

Press Releases
April 4th, 2019

BNP Paribas REIM raises € 200m for the Eurozone Logistics Fund

BNP Paribas REIM announces that several investors’ closings occurred on the “Eurozone Logistics Fund” in Q4 2018 and Q1 2019 and that the fund has reached an aggregate of € 200m of equity commitments.

The Fund was launched in Q3 2017 with additional closings concluded in 2018. The current group of investors consists of Pension Funds and Insurance Companies from France, Italy, Spain, Belgium and Ireland with an investment capacity of approximately €300m. The fund targets Grade A logistics warehouses in the key Eurozone logistics hubs.

The final closing of the fund is anticipated in the Summer 2019, with additional equity commitments expected to reach a targeted investment capacity of €400 million. The fund has recently secured a fourth acquisition in Germany. So far, all four transactions have been secured “off-market”.

"This new closing demonstrates the European expertise of BNP Paribas REIM and its ability to offer focused strategies to institutional investors from different countries. The "ELF" fund perfectly meets the requirements of pension funds and insurance companies looking for core income-driven strategies backed by long-term structural drivers", comments Henri Romnicianu, Head of Institutional Clients, Europe.

ELF fund is a SICAV-SIF managed by BNP Paribas REIM Luxembourg, dedicated to international institutional investors and targeting an annual distribution of 5.5%. It offers geographical diversification within the Eurozone logistics sector to international institutional investors.