Last month BentallGreenOak raised €695m in equity commitments for its first pure-play European logistics fund.
Having targeted only an initial €500m, the core-plus vehicle still has almost 50% of its investment capacity remaining and is on the hunt for new acquisitions.
Over the past six years the fund manager has already invested €2.4bn in logistics through its value-add strategy and it currently owns around 32m sq ft of European logistics.