We seek to deliver superior risk-adjusted returns in the industrial property sector by utilizing our multi-regional operator platform to source single-asset and small portfolio investments and to add value through property renovation, lease up and development. The funds are structured as commingled, discretionary, closed-end vehicles with short to medium term horizons. Representative vehicles to date include:
- Exeter Industrial Value Fund III: An $832 million commingled fund which is focused on industrial assets including big box warehouses and multi-tenant logistics facilities in primary U.S. markets. Now closed to new investors, this fund commenced investing in 2014.
- Exeter Industrial Value Fund II: With a similar investment focus as Fund III, this $615 million commingled fund acquired $1.8 billion in industrial assets during 2011-2014. The fund is currently in its asset management & realization stage.
- Exeter Industrial Value Fund: The first in Exeter’s U.S. value add fund series, this $357 million fund acquired $820 million in industrial assets during 2007-2011. The fund is also in its asset management & realization stage.