Cross-border investment advisory firm CB Equity Partners (CBE) and privately-held UK group Topland (TLG) have teamed up to invest up to EUR 2 bn in German real estate.
Cross-border investment advisory firm CB Equity Partners (CBE) and privately-held UK group Topland (TLG) have teamed up to invest up to EUR 2 bn in German real estate.
The partnership will be targeting controlling positions of long-term anchored, sale & leaseback and other cash-yielding scenarios. There are no limitations on scope or structure of the investments to be made, the companies said in a joint statement.
The investment teams of CBE, led by Geza Martin Toth-Feher, and of TLG, led by Clive E. Bush, have worked together for some years in the real estate investment sector, with CBE sourcing and arranging deals and/or debt, and TLG providing capital, asset management and property expertise.
'We are very impressed with CBE's ability to utilize its excellent network to source and structure German deals,' said Clive E. Bush, TLG's property services investment officer. 'Our ability to invest substantial cash into interesting situations in Germany coupled with the skills and network of CBE's team will give us a competitive edge over other investors: we will be more efficient and focussed, with a very high degree of transaction certainty.'