An industrial platform owned by European real estate fund manager Greykite has acquired two multi-let properties in Germany.
Greykite European Real Estate Fund I, via its multi-let industrial platform Lagerhome, has acquired the assets in Delmenhorst and Essen in partnership with local real estate manager Troveinvest.
Financial details were not disclosed.
Lagerhome has a total gross asset value of over €300m, comprising 35 properties across Germany, Sweden and the UK. The platform’s initial German acquisitions were made in June 2025, when it purchased two assets in Frankfurt and Dusseldorf.
Michael Abel, founder and CEO of Greykite, said: “These acquisitions represent another important step in scaling Lagerhome into a high-quality, pan-European multi-let industrial platform. We continue to deploy capital at pace, leveraging the established market presence of our platforms to execute on compelling opportunities across our high-conviction sectors of living, industrial and digital.
“We remain focused on building scalable platforms in sectors where we see strong fundamentals and the opportunity to drive long-term value.”
Dan Valenzano, senior partner of Greykite, said: “These acquisitions in Delmenhorst and Essen complement Lagerhome’s existing properties in Frankfurt and Dusseldorf, extending the platform’s footprint in key markets.
“We have now proactively sourced and executed over €300m of multi-let industrial acquisitions across our three target geographies in the past 12 months, and continue to see compelling opportunities to grow Lagerhome further in 2026.”
Ulf Christiansen, managing partner of Troveinvest, said: “We are excited to scale the Lagerhome platform in strong industrialised and densely populated areas in Germany with these two acquisitions. Expanding our portfolio to now 100,000sqm further strengthens our income profile while offering clear value-creation opportunities.
“We look forward to growing our footprint in undersupplied industrial sub-markets across Germany with new opportunities.”
To read the latest IPE Real Assets magazine click here.
