Slate Asset Management, a leading alternative asset management platform, has announced Thursday April 23, 2020 that the company has successfully exceeded its fund target size of EUR 200 Million up to EUR 250 Million.
According to the details released by the PR News Wire News Agency, the company has collected the funds in the third European Real Estate Fund.
Slate Asset Management founding partner, Brady Welch said, “During this unprecedented time of market disruption, we are pleased to close Slate Europe III at its hard-cap and are thankful for the confidence investors from diverse geographies continue to place in us as Slate expands its presence across Europe,”
“We have been investing in last-mile logistics for some time and are proud to launch our third fund in the European grocery real estate space since 2016, a feat that underscores our commitment to the sector and validates the importance of last-mile solutions in the grocery real estate market,” Brady further added.
It is important to mention that the company has successfully acquired up to 250 Grocery Properties in Europe covering of 450,000 Sq. meters of gross leasable space. Slate Asset Management has four European offices operating in Luxembourg, Frankfurt, Dublin and UK.
About Sales Asset Management:
The Slate Asset Management is basically a real-estate focused alternative investment platform that has got more than 6.5 Billion USD assets in its pocket. The company is a major sponsor of all the publicly and privately traded investment vehicles, which are designed according to the custom demands and needs of the investors.
The selective and care investment approach of Slate Asset Management focused on long-term outsized returns and investment capital. The company has demonstrated an exceptional capability to provide critical assistance on a wide range of lucrative investment opportunities.