Aeroterm, a wholly owned subsidiary of Realterm, has announced the closing of USD 150 million in capital commitments to its open-ended, commingled fund, Realterm Airport Logistics Properties, L.P. (RALP), the company said.
RALP has now raised nearly USD 750 million in external commitments to capitalize its investment activities.
RALP is comprised of 133 properties at 36 airports totaling approximately USD 1.3 billion of AUM. RALP serves as the exclusive investment platform for Aeroterm´s development, acquisition, financing and long-term management activities in North America.
Realterm is a value-added real estate operator executing niche private equity strategies at the intersection of the global supply chain and evolving consumption trends. Realterm currently manages over USD 5.5 billion in assets through five logistics-oriented private equity fund series: Realterm Airport Logistics Properties (RALP), Realterm Logistics Income Fund (RLIF and the Realterm Logistics Fund (RLF) series.