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.
The joint venture combines GARBE Industrial’s market expertise and vertical integration in the logistics and light industrial sector with Sidra Capital’s access to international capital and long-term investment outlook. The partners plan to jointly build up a diversified portfolio that delivers stable long-term yield while meeting tenant requirements at the same time. Capital commitments received so far add up to 50 million euros already.
Dr. Peter Bartholomaeus, Head of Fund Management & Capital Markets, Member of the Executive Board, of GARBE Industrial Real Estate, said: “The collaboration with Sidra Capital, an established investment manager from the Middle East, presents an opportunity for us to further strengthen our strategy in the light industrial segment. Our shared objective is to build up a portfolio marked by robust performance and significant growth upside.” Bartholomaeus added: “We benefit from the opportunities created by the e-commerce boom, growing sustainability requirements and the reorientation of global supply chains. Germany offers an attractive investment environment in this context.”
You can now read the full press release at the link below
