MARK Capital Management has been recognized as the Logistics Investor of the Year by PERE, following the successful close of its Crossbay II urban logistics fund. The fund secured €660 million in equity commitments, representing a 20% increase from its predecessor vehicle and positioning itself as one of the top 10 largest industrial and logistics private real estate funds globally.
The fund's total investment capacity, including debt financing, exceeds €1.5 billion, with investments spanning major European markets including the UK, France, Benelux, Germany, Spain, and Italy. Crossbay II focuses specifically on single-user distribution warehouses in gateway cities, demonstrating a targeted approach to logistics real estate investment.
The fund attracted diverse investors, including pension funds, sovereign wealth funds, and family offices from Europe, Asia, and the United States. Currently over 65% committed, Crossbay II has already acquired more than 7.5 million square feet of property.
MARK Capital Management's strategic approach, characterized by its on-the-ground teams and local market expertise, has been pivotal to its success. CEO Marcus Meijer emphasized the importance of the firm's in-country presence and ability to source off-market opportunities as key differentiators in their investment strategy.
This achievement builds on the firm's previous success with Crossbay I, a €550 million fund fully realized in 2022. The latest fund's recognition underscores MARK Capital Management's growing prominence in the urban logistics real estate sector.
