Edmond de Rothschild Real Estate Investment Management has secured €200 million of new equity for its Edmond de Rothschild Euro Industrial Real Estate Fund, increasing its investment capacity to €500 million.
The new commitments, which raise the equity in the fund to €340 million, were secured from some large German investors, some institutional and private clients of Edmond de Rothschild as well as several existing investors in the fund.
The Edmond de Rothschild Euro Industrial Real Estate Fund (EIREF) was launched in December 2018 by Edmond de Rothschild REIM to invest in light industrial and small logistics assets in urban areas in the Benelux, Germany and France, capitalising on the growth of ecommerce, last-mile delivery and reshoring. Its cornerstone investor was Credit Suisse Asset Management, with co-investment from Edmond de Rothschild.
Read the full press release at the link below