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MARK Capital Management Clinches PERE 'Logistics Investor of the Year' Award, Raises €660M for Urban Logistics Fund

By FisherVista

TL;DR

Crossbay II secures €660m in equity commitments, increasing fund size by 20% compared to predecessor, attracting diverse global investors.

Crossbay II has a total investment capacity of over €1.5bn, managed by on-the-ground teams in major European markets, focusing on single-user distribution warehouses.

MARK Capital Management's urban logistics strategy with Crossbay II aims to create value for investors while aligning with their objectives for sustainable real estate development.

Crossbay II, led by CEO Marco Riva, is cycle-agnostic, benefits from best-in-class origination function, and sets itself apart with granular aggregation strategy.

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MARK Capital Management Clinches PERE 'Logistics Investor of the Year' Award, Raises €660M for Urban Logistics Fund

MARK Capital Management has been named 'Logistics Investor of the Year' by PERE, following the successful closing of its Crossbay II fund with €660 million in equity commitments. The fund represents a strategic expansion in urban logistics investment, demonstrating significant growth from its predecessor vehicle and highlighting the firm's expertise in European real estate markets.

The Crossbay II fund has a total investment capacity exceeding €1.5 billion, with investments strategically distributed across key European markets including the United Kingdom, France, Benelux, Germany, Spain, and Italy. The fund has already acquired over 7.5 million square feet of property and is more than 65% committed, showcasing its rapid deployment and investment strategy.

Attracting diverse investors from Europe, Asia, and the United States, the fund includes pension funds, sovereign wealth funds, and family offices. Its success builds upon MARK Capital Management's previous urban logistics fund, Crossbay I, which secured €550 million and was fully realized through a successful exit in 2022.

The fund's strategy focuses specifically on single-user distribution warehouses in gateway cities, leveraging local market expertise through on-the-ground teams in each operational region. This approach has been critical to the fund's ability to source off-market opportunities and create value for investors.

CEO Marcus Meijer emphasized the importance of local presence and market knowledge, noting that the company's cycle-agnostic strategy and pan-European origination function distinguish it in the competitive real estate investment landscape. Since its founding in 2008, MARK Capital Management has managed over €20 billion in private real estate assets, serving a global client base of institutional investors.

The recognition as 'Logistics Investor of the Year' underscores the firm's significant achievements in urban logistics investment and its ability to create value in a dynamic real estate market. By focusing on strategic, granular investment approaches and maintaining strong local market insights, MARK Capital Management continues to demonstrate leadership in European real estate investment.

Curated from 24-7 Press Release

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FisherVista

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