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Morgan Stanley launches €212 million EQT European logistics CMBS

The European CMBS market has been far more active in 2025
The warehouses are spread across France, Belgium and the Netherlands. (Getty Images)
The warehouses are spread across France, Belgium and the Netherlands. (Getty Images)
CoStar News
November 17, 2025 | 2:43 P.M.

Morgan Stanley has launched Vanir Logistics Finance S.à r.l., a securitisation of an €212 million floating-rate commercial real estate loan originated by the US bank and backed by a portfolio of 18 logistics properties located across France, Belgium and the Netherlands ultimately owned by EQT.

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News | Morgan Stanley launches €212 million EQT European logistics CMBS