Faropoint Progressing Well on its $1B Fundraising Target

Faropoint, a tech-enabled real estate investment manager specializing in last-mile industrial warehouses, announced today that APG Asset Management N.V. (“APG”), on behalf of pension fund client ABP, has made the largest commitment to its Industrial Value Fund IV to date.

Fund IV, launched in June 2025 with a $1 billion target and anchor commitments totaling $225 million to the Fund and its sidecar from the Teacher Retirement System of Texas, continues Faropoint's flagship Industrial Value Fund series strategy of acquiring and enhancing last-mile urban logistics properties to build institutional-grade portfolios across key U.S. markets.

APG and its client’s commitment represents Fund IV's largest to date and further diversifies the Fund's institutional investor base, which spans North America, Europe, and the Middle East. This marks APG's first investment with Faropoint. With additional capital discussions underway, Faropoint is progressing well towards the Fund's $1 billion target.

"Over the past decade, we have worked hard to build a competitive edge in urban logistics by combining our field teams' expertise, proprietary technology, and focus on long-term, consistent results," said Raz Rahamim, Global Head of Capital Development. "We are excited and honored to partner with APG as we continue to remain focused on executing thoughtfully and delivering for our investors."

“This investment aligns with our focus on delivering long‑term value for our clients through exposure to resilient real assets. Faropoint Industrial Value Fund IV offers a compelling way to expand ABP’s private investment portfolio into the last‑mile logistics segment. The strategy is supported by Faropoint’s data‑driven execution and strong local sourcing capabilities,” said Steven Hason, Managing Director and Head of Americas Real Assets at APG. “As supply chains evolve and urban distribution needs continue to grow, we see lasting relevance for this part of the market. We look forward to building our relationship with Faropoint as part of our broader logistics strategy.”

The commitment comes as last-mile industrial real estate continues to benefit from secular tailwinds including e-commerce growth, supply chain reconfiguration, and increasing demand for urban distribution networks in high population density markets. Properties under 100,000 square feet have historically demonstrated stronger fundamentals and more resilient performance than the broader industrial sector. Faropoint's focus on infill properties in supply-constrained urban corridors positions Fund IV to capitalize on these long-term trends while maintaining disciplined underwriting through market cycles.

Fund IV pursues a strategy of assembling a diversified portfolio of approximately 200-250 assets, primarily targeting suite sizes between 20,000 and 40,000 square feet across gateway, primary, and select secondary U.S. markets. Applying Faropoint's proprietary sourcing platform FarOS and AI-driven underwriting engine REXy, the Fund focuses on mark-to-market opportunities where in-place rents are materially below market, complemented by selective lease-up opportunities and a strategic development sleeve in supply-constrained core markets.

To date, Fund IV has acquired or placed under contract 30 properties totaling 1.72 million square feet across 9 markets, representing approximately $284 million in total investment value.

For inquiries or to learn more about Faropoint's investment strategies, please contact Ori Regev, SVP, Head of Product, at ori@faropoint.com.

About Faropoint

Faropoint is a tech-enabled, vertically integrated real estate investment manager specializing in urban logistics within the US industrial sector. With approximately 120 employees, Faropoint leverages data and deep market relationships to address inefficiencies in the industrial real estate market. The firm operates in 16 key US markets, securing opportunities through its extensive broker network and strong local presence. Since its inception in 2012, Faropoint has acquired over 550 warehouses, representing over $4 billion in industrial real estate assets.

Learn more at faropoint.com

About APG and ABP

ABP is the pension fund for government and education employees in the Netherlands, serving 3.1 million participants. The implementation and management of ABP’s pension scheme and assets are handled by APG, the largest asset manager in the Netherlands with EUR 590 billion AuM (June 2025). Together, ABP and APG ensure a good pension for millions in a livable world. Further details can be found on APG’s website https://apg.nl/en/

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"Faropoint Industrial Value Fund IV offers a compelling way to expand ABP's private investment portfolio into the last-mile logistics segment." — Steven Hason, Managing Director and Head of Americas Real Assets, APG