Content (33)
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People News
Tom Herrschaft to Become New Head of Real Estate Management at GARBE Industrial Real Estate
GARBE Industrial Real Estate GmbH (“GARBE”), one of the leading developers, providers and managers of logistics and light industrial assets in Germany and elsewhere in Europe, is strengthening its executive team by appointing Tom Herrschaft as the new Head of Real Estate Management.
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People News
GARBE Industrial Real Estate Enlarges Management Team
GARBE Industrial Real Estate GmbH (“GARBE”), one of the leading providers and managers of logistics and light industrial assets in Germany and Europe, is reinforcing its investment and portfolio management as part of its growth strategy. Dr. Peter Bartholomäus will assume the position of Chief Investment Officer (CIO). Nicolai Soltau will succeed him in his current role as Head of Portfolio Management as of April 2025. Both will report directly to Jan Philipp Daun, Managing Director of GARBE Industrial Real Estate.
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People News
Michael Marcinek to Become Next Head of Business Development at GARBE Industrial Real Estate
GARBE Industrial Real Estate GmbH (“GARBE Industrial”), one of the leading providers and managers of logistics, light industrial and technology assets in Germany and Europe, just reinforced its executive team by appointing Michael Marcinek as the new Head of Business Development.
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Asset Manager News
GARBE PYRAMID-MAP: Slowing Growth of Prime Rents on European Logistics Real Estate Markets
The cycle of soaring rent rates in Europe’s top logistics markets has ended. During the second half of 2024, the average prime rent increased by just 6 cents, rising from 7.30 euros to 7.36 euros per square metre. It is the equivalent of 0.9 percent and thus trails the inflation rate in the eurozone, which was 2.4 percent at the last count. The 2024 take-up in Europe, while representing a modest year-on-year decline (-7 percent), actually exceeds the pre-pandemic figures by a narrow margin. The vacancy rate across Europe was just under six percent.
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Asset Manager News
GARBE Industrial Real Estate Expands Strategic Partnership with SFO Capital Partners
GARBE Industrial Real Estate GmbH (“GARBE Industrial”), one of the leading providers and managers of logistics, light industrial and technology assets in Germany and Europe, formed a third joint venture with SFO Capital Partners, a London-based global real estate investor and investment manager to develop and manage a 22,000 sqm Grade A logistics development in Italy.
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Asset Manager News
GARBE PYRAMID-MAP: Europe’s Logistics Real Estate Investment Markets Indicate Trend Reversal
The European logistics real estate investment market appears to be recovering: For the first time since the second quarter of 2022, the average prime net initial yield rates are in decline. Growing investor interest has been reported specifically from the Benelux countries, Spain and some eastern European markets such as Poland and Romania.
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Asset Manager News
GARBE Industrial and Sidra Capital Form Joint Venture for the Purpose of Sale-and-Leaseback Transactions
GARBE Industrial Real Estate GmbH (“GARBE Industrial”), one of the leading providers and managers of logistics, light industrial and technology assets in Germany and Europe, just formed a strategic joint venture with Sidra Capital, a Middle Eastern investment manager with a global portfolio. The partnership’s objective is the acquisition of light industrial and logistics real estate in Germany within the framework of sale-and-leaseback transactions.
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Asset Manager News
GARBE Industrial Real Estate Expands in Romania
GARBE Industrial Real Estate GmbH (“GARBE”), one of the leading providers and managers of logistics, light industrial and technology real estate in Germany and Europe, just set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments.
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Asset Manager News
GARBE PYRAMID-MAP: Forecast Sees Rental Growth Outpace Inflation in Germany’s Top Markets
Germany’s logistics real estate market is showing first signs of recovery. For one thing, the transaction volume picked up some steam during the first half of 2024.
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Asset Manager News
GARBE PYRAMID-MAP: Price Correction on the European Logistics Real Estate Market Largely Concluded
Seen against the background of economic and geopolitical parameters, Europe’s investment market continues to present a robust picture, especially when compared to other commercial real asset classes, such as office. The decompression cycle for prime net initial yields has more or less concluded in most countries and began to transition into a stable sideways drift during the first half of 2024. Take-up is slightly below the pre-pandemic level. Demand for space remains subdued due to the weak business cycle in many countries, although the pace of the decline has slowed. Regressive demand has cause the rental growth to cool off.
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Asset Manager News
GARBE Industrial Real Estate and a fund managed by BlackRock form joint venture and acquire two logistics sites in Germany and France
GARBE Industrial Real Estate GmbH (“GARBE”), one of the leading specialists for logistics, light industrial and technology real estate in Germany and Europe, has formed a joint venture with a fund managed by BlackRock, a global asset manager.
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Asset Manager News
Invesco Real Estate and GARBE to develop a 550,000 sq ft logistics scheme in Worksop, UK
The two-unit scheme, comprising of separate 462,500 sqft and 86,500 sqft facilities spread over 28.9 acres, will see construction commencing September 2024 and completion in Q3 of 2025. Both units target BREEAM Excellent and EPC A+ standards.