GARBE Industrial Real Estate (“GARBE”), one of the leading specialists for logistics and industrial properties in Germany and elsewhere in Europe, actively continues its strategic expansion, and is establishing another business line, “Light Industrial”. The “IndustrialQuarter” brand already established by GARBE, which has so far focused on the new-build segment, will be expanded in the context of the new business line to include existing properties belonging in this segment.
The company will use its new unit to acquire standing inner-city properties in the light industrial and business park segments, and assume the responsibility of subjecting the properties to extensive value creation and optimisation processes. Whenever gap sites are involved or demolitions become necessary, the measures to be implemented could even include property developments. Henning Reusch, most recently Head of Real Estate Management and a Member of the Executive Board, will take charge of the unit as new Head of Light Industrial.
You can now read the full press release at the link below
