Closed Fund

Pan-European Logistics Vehicle

PELV is a specialised core/core+ (income-producing) investment vehicle focusing on logistics' properties across Continental Europe

Key facts

Target sector European Logistics
Fund structure Closed-End S.C.Sp. (société en commandite spéciale – special limited partnership)
Fund term 5 year term (+3 year) Launched in 2015
Currency Euro
Fund value €362m
No. of assets 7
Max gearing 40%
Fund Manager Thorsten Kiel
Investment strategy The legal documentation and structure offer flexibility to respond to changes in the markets. It reflects the objective to invest in all countries in Continental Europe and sub-sectors of the logistics market. The main focus is on existing logistics assets which offer value creation through asset management.

Global Real Estate Sustainability Benchmark (GRESB)

2016 was the first year of participation in GRESB. The Fund saw strong results in its overall approach to sustainability management and policy, achieving a score of 71/100 and exceeding the average of the entire universe of GRESB participants in this aspect.

Note: Target returns are not guaranteed and past performance is not a guide to future performance
Source: TH Real Estate, 30 September 2016

 
Thorsten Kiel

Thorsten Kiel

Fund Manager

Thorsten's biography
Tim Horrocks

Timothy Horrocks

Fund Director

Timothy is Head of Continental Europe and has 27 years’ experience in real estate. As Fund Director, he reviews strategies, transactions and other key matters for the Fund.

+4969667736846 More about Timothy
Tim Hennes

Tim Hennes

Senior Portfolio Manager

With over 14 years of real estate experience, Tim manages the Pan-European Logistics Vehicle Fund and supports the business’ Frankfurt team on its two existing German logistics funds.

+4969667736830 More about Tim
Thorsten Kiel

Thorsten Kiel

Fund Manager

Thorsten became Fund Manager for the German Logistics Fund when it launched in 2012. He is responsible for the investment and asset management of the portfolio.

+4969667736849 More about Thorsten
James Ellis

James Ellis

Portfolio Manager

James has 10 years’ experience in the real estate industry, working in both Europe and the Middle East. As Portfolio Manager for TH Real Estate’s German Logistics Fund and the Investoren-Club-Fonds German Logistics separate mandate, his role focuses on acquisitions as well as the asset management and financial modelling responsibilities across both portfolios.

+4969667736841 More about James
Jana Fiedler

Jana Fiedler

Client Services Manager

Jana is responsible for client communications and service across Germany and Austria. She has 11 years of experience in the real estate industry.

+4969667736887 More about Jana
Dominik Schneidmann

Dominik Scheidmann

Analyst

With over three years’ experience, Dominik focuses on acquisitions and financial modelling responsibilities across the logistics and retail funds in Germany.

+4969667736894 More about Dominik