Open Fund

European Logistics Fund

The Fund provides access to logistics assets in European countries with high growth potential.

Key facts

Target sector Logistics
Target return The Fund seeks to deliver a target average income distribution yield of 5.0% per annum and an annualised IRR of 5.5% per annum on Invested Capital over the life of the Fund (net of vehicle tax and expenses).
Fund structure German Spezialfonds
Fund term 12 years plus 2 x 1 year’s extension (launched in 2016)
Currency Euro
Fund value Target €420m
No. of assets 6
Max gearing 45%
Fund Manager Tim Hennes
Investment strategy The Fund’s strategy is to make timely investments in high-quality core logistics assets in established logistics locations in Europe.

*The ultimate returns realised by the strategy will depend on numerous factors that are subject to uncertainty. Accordingly, there can be no assurance that any return objectives will actually be realised

Source: TH Real Estate, 31 March 2018

 
Tim Hennes

Tim Hennes

Fund Manager

Tim's biography
With e-commerce further shaping demand for logistics and warehousing facilities, we have been continually offering opportunities for investors to gain exposure to this growing sector. Now, $11.2bn of our AUM sits within the industrial sector and we are pleased to leverage this expertise with this of the Fund.
Thorsten Kiel

Thorsten Kiel

Fund Director

With over 10 years of real estate experience, and as Head of Logistics, Europe, Thorsten oversees all of the business' logistics activities in Europe.

+4969667736849 More about Thorsten
Tim Hennes

Tim Hennes

Fund Manager

With over 14 years of real estate experience, Tim oversees all investment, development and asset management activities for the Fund.

+4969667736830 More about Tim
James Ellis

James Ellis

Investment Manager

As Investment Manager for the European Logistics Fund, James is responsible for identifying and underwriting new acquisitions and overseeing the transaction process as the Fund targets $500m AUM.

+4969667736841 More about James
Stefan Wundrak

Stefan Wundrak

Head of European Research

Stefan is the Head of European Research, with over 10 years’ experience in real estate research. He specialises in global logistics and is regionally focused on Italy, Germany, Austria, the Nordics and CEE markets, as well as Japan.

+442037278226 More about Stefan
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

For further information, please contact: 

Ian Currie
Director, International
Advisory Services
T: +442037278288
E: ian.currie@threalestate.com
Michael Klauke-Werner
Managing Director, International Advisory Services
T: +4969299571550
E: michael.klauke@threalestate.com 
 
Andrew Kleinig
Director, Nuveen (Asia Pacific)
T: +61293683244
E: andrew.kleinig@nuveen.com
Deborah Ulian
Managing Director, Nuveen (Western
North America)
T: +14158823507           
E: deborah.ulian@nuveen.com
Dimitrios Stathopoulos
Senior Managing Director, Nuveen
(Eastern North America) 
T: +13129177794
E: dimitrios.stathopoulos@nuveen.com