With the new “Garbe Logistics Real Estate Fund Plus III” (“GLIF+III”) Garbe Industrial Real Estate GmbH establishes its first evergreen fund for core-plus logistics re.
Garbe s European core-plus logistics fund gets €650m seed portfolio | News ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
By IPE staff2021-01-15T11:40:00+00:00
Garbe Industrial Real Estate has bought a portfolio of four new-build logistics properties in Germany from Goodman.
Garbe has paid an undisclosed amount to buy the assets, located in Regensburg, Beselich and Flieden, on behalf of two of its funds.
Garbe said the assets have a combined lettable area of more than 110,000sqm and are fully occupied except for the one in Regensburg.
Jan Philipp Daun, head of investment management at Garbe Industrial Real Estate, said: “Demand for modern logistics facilities in Germany remains strong.
“We are therefore pleased to report that we acquired these four modern new-build logistics properties in well-established locations.”