Investment Examples

European Industrial Program

United Kingdom, France, Germany

In late 2018, RSF partnered with a UK-based owner/operator and established a joint venture to acquire and redevelop industrial properties in major Western European markets, primarily London and Paris. Founded in 2016, the partner is a European logistics real estate specialist formed to take advantage of the attractive sector fundamentals across Western Europe – specifically the increase in eCommerce demand in the face of decreasing supply (industrial is torn down for higher and better uses such as residential). RSF has a 20+ year relationship with the partner’s principals having made successful co-investments together in five funds.

To increase the capacity of the program, RSF raised a sidecar fund and increased their existing commitment in RSF Fund VII. Across funds, RSF committed and funded over $150 million to the program.