The C€LOGIX Property Fund owns four distribution centres in the Netherlands at Tilburg, Venray, Venlo and Nijmegen, one in Germany at Bedburg, between Dsseldorf and Cologne, and three in France at Mitry-Compans and Lagny-Le-Sec, both near Paris, Charles de Gaulle Airport and Plaine de l'Ain near Lyon.
The Fund comprises 10 Dutch institutional investors and expects to have built up a commercial property portfolio worth more than €200 million ($185 million) in 2002. It invests exclusively in logistics distribution centres at strategic locations in Belgium, France, Germany and the Netherlands.
The fund manager, Aberdeen Property Investors has identified 30 hotspots in these countries as targets for investment.
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