Korean investors

Savills IM and Vestas Launch a Discretionary Logistics Fund


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Pixabay CC0 Public Domain. Savills IM amplía la alianza con Vestas con el lanzamiento de un fondo de logística de gestión discrecional

Author: Beatriz Zúñiga

  1. The Vesalf I is amongst the first ever ‘blind’ funds that has been raised solely from Korean institutional investors to invest in European real estate
  2. It will target core and core-plus logistics assets of between 40 to 140 million euros across all key European markets
  3. Vestas has raised 200 million euros which, combined with manager co-investment and up to 60% gearing, will give the fund a target gross asset value of 450-500 million