Aquila Capital

Sole Financial Adviser

Kempen & Co acted as Sole Financial Adviser to Aquila Capital in the equity capital raise of the Aquila Capital Southern European Logistics Fund

Aquila Capital Southern European Logistics und focuses on newbuilt, stable income-generating sustainable and ESG compliant logistics properties in Southern Europe
The fund has a target investment volume of EUR 1.5 billion
Institutional investors committed EUR 330 million equity in the fund’s first close
The fund initially aimed to raise EUR 250 million, yet based on strong demand the first closing volume was upsized to EUR 330 million
Commitments have been made by a group of international institutional investors, including SCI Primonial Capimmo
The fund has a pipeline of 9 newbuilt assets located in Italy, Spain and Portugal
Kempen & Co acted as sole financial adviser on the transaction

Aquila Capital Southern European Logistics S.A. SICAV-RAIF (“ACSEL”) Fund launched with a committed equity volume of EUR 330 million
The strategy focusses on investments in a diversified portfolio of logistic real estate assets in Southern European countries including Italy, Spain and Portugal
The open-ended fund has a target investment volume (GAV) of EUR 1.5 billion with a maximum debt ratio (LTV) of 50 percent
ACSEL expects to deploy the capital of the first closing within 18 months
ACSEL’s first investment has been approved, a 115,000 sqm logistic site in Azambuja, a strategic and core logistics hub in Lisbon’s metropolitan area

Kempen & Co has advised on more than EUR 125 billion real estate transactions across 15 different countries in Europe
This transaction underpins our leading position in the European logistics real estate sector, following successful transactions including CTP’s EUR 800 million public offer for Deutsche Industrie REIT announced in 2021, SEK 1.08 billion (listed) equity raise for Catena in 2021, EUR 480 million (listed) equity raises for Tritax EuroBox in 2021, the EUR 948 million Initial Public Offering of CTP in 2021, a EUR 200 million (listed) equity raise for WDP in 2021 and the EUR 100 million (non-listed) equity raise for the Gateway Fund of Cairn Real Estate in 2020