Key Figures

  • €1.5bn

    AUM

  • 70+

    Assets

  • 6

    Countries

  • 2.3 million

    SQM

 Source: AXA IM - Real Assets data (unaudited) as at 31 March 2020

AXA Logistics Europe Fund

Draw on AXA IM - Real Assets’ extensive real estate knowledge and expertise

AXA IM - Real Assets’ pan-European Core / Core+ logistics investment fund targets regular income distributions and long-term capital appreciation through the creation and management of a diversified portfolio of quality logistics assets.

"Fast-changing consumption trends continue to drive a strong demand for flexible high-quality   logistics space in urban and strategic locations in the main logistics corridors. The low level of supply and the structural lack of land zoned for logistics in these locations can provide attractive income prospects.”

Arnaud De Jong, Senior Fund Manager

 

Investment Strategy

Our pan-European logistics investment fund seeks to deliver regular income distributions and achieve long-term capital appreciation through the creation and ongoing management of a portfolio of well-specified and flexible logistics assets in prime locations across the main European markets.

The strategy primarily invests in distribution platforms and warehouses for regional and global hubs, fulfilment centres for e-commerce, cross-dock, freight-forwarding and parcel delivery buildings in locations that benefit from local infrastructure that supports the activities of a wide occupier community.

Investment Rationale

Supply chain reconfiguration together with the rise of e-commerce continue to drive strong demand and are significant game changers for the logistics market in Europe. The lack of immediate supply coupled with the scarcity of land for logistics development in strategic locations have, we believe, resulted in pent-up demand for modern logistics space, creating positive tension on rental values in several under-supplied markets.

For long-term investors, this situation can translate into attractive income returns and capital value appreciation prospects through potential rent growth in supply-constrained logistics locations.

Real estate assets are more than ever embedded within the value-creation processes of occupiers, who seek greater efficiency and who place significant value on strategic relationships with those landlords who can anticipate and respond to their future occupational and location requirements.

Large funds offering flexibility to tenants and a strong diversification base can reduce risk and volatility, providing resilient long-term returns to investors.

AXA Logistics Europe Fund offers a distinctive value proposition based on three pillars:

  1. Exposure to an existing large, diversified resilient portfolio
    AXA Logistics Europe Fund provides access to a well-specified and expanding portfolio of quality logistics assets in prime locations across the main European markets

  2. A conviction-driven investment strategy based on active portfolio management
    Our focused investment strategy factors in conviction-based views on local market dynamics and a thorough understanding of occupier and end-user requirements

  3. On-the-ground in-house asset management and sector expertise to add value 
    Local asset management teams in each country, driving value generation at the asset level, with longstanding experience in managing logistics assets
     

Note:
Liquidity: Investor redemption may be suspended for a material period of time.
Performance and Investment strategy: There is no assurance that the Fund will successfully implement its investment strategy. There can be no assurance that any target return will be achieved.
Market Volatility: Fund performance may be adversely affected by disruption and volatility within capital and credit markets and real estate markets, causing pricing and liquidity risk.
Past performance is not representative of future performance.