Canadian investment firm Slate has secured close to €350 million for its fourth value-add strategy focused on grocery-anchored retail assets across Europe. The fundraise represents the firm's latest push into the European real estate market, targeting properties that combine essential retail with value enhancement opportunities.

This capital raise comes as investors continue to show appetite for stable, income-generating assets in the retail sector, particularly those anchored by essential services like grocery stores. Slate's strategy focuses on acquiring and improving properties in key European markets, leveraging the enduring demand for everyday necessities even as e-commerce reshapes consumer behavior.

The successful fundraising demonstrates continued investor confidence in Slate's approach to value-add retail investments. With this new capital, the firm is positioned to expand its portfolio of grocery-anchored assets, capitalizing on opportunities in markets where such properties offer both stability and potential for operational improvements.