MARK Capital Management has been honored as the 'Logistics Investor of the Year' by PERE, following the successful closure of its Crossbay II urban logistics fund. The fund secured €660 million in equity commitments, representing a 20% increase from its predecessor fund and positioning itself as a significant player in European industrial real estate investment.
With a total investment capacity exceeding €1.5 billion, Crossbay II has attracted diverse investors including pension funds, sovereign wealth funds, and family offices from Europe, Asia, and the United States. The fund is currently managing approximately €1 billion in assets across six European countries, focusing on single-user distribution warehouses in key gateway cities.
The fund's performance is notable, with over 65% committed and more than 7.5 million square feet already acquired. Its strategy, described by CEO Marcus Meijer as 'cycle-agnostic', leverages local market expertise and off-market opportunity sourcing as key competitive advantages.
This achievement represents a significant milestone for MARK Capital Management, which first entered urban logistics in 2018. The firm's previous fund, Crossbay I, was fully realized with a successful exit in 2022, demonstrating the strategy's effectiveness in a complex real estate market.
The award and fund closure signal strong investor confidence in urban logistics as a resilient and strategic investment sector, particularly in the context of evolving supply chain and distribution networks across Europe.
