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Welcome to Decisive Shipping Services LLC

Welcome to Decisive Shipping Services LLC

Realterm raises $150m for airport logistics fund – Air Cargo News

US independent global investment manager Realterm has announced the successful closing of $150m in capital commitments for its open-ended fund, Realterm Airport Logistics Properties (RALP).

RALP has now raised approximately $900m in equity commitments since its formation in 2015 with all original investors still in the fund.

RALP serves as the exclusive investment platform for Aeroterm, the owner and provider of capital, expertise and facility related services to airports throughout North America, focusing on the development, redevelopment and acquisition of on-airport air cargo and aviation-related support facilities, including cargo buildings, hangars, and flight kitchens.

Aeroterm has over 17m sq ft of property and development at 37 airports.

“RALP’s North American portfolio and projects create jobs, improve sustainability, and drive local businesses across North America,” said David Rose, managing director and senior fund manager. “This successful raise allows our team and investors to continue supporting airports and the surrounding communities which are at the forefront of technology, trade, travel, and security.”

With the addition of two recent acquisitions in Orange County, California and Montreal, Canada, RALP is comprised of 110 properties at 37 airports across North America totalling approximately $1.6bn of Assets Under Management (AUM). The new capital commitments will, in part, support four active development projects across the US.

In March, it was announced that Aeroterm will build a new cargo facility at Pittsburgh International Airport (PIT).

New cargo facility to be built at Pittsburgh International

JFK set for first new cargo facility in 20 years

Aeroterm completes airfreight facility at CVG Airport

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