European urban logistics platform Crossbay has appointed Clemens Goss to lead its German team.
Goss joins from Munich-based developer GIEAG Immobilien, where he was head of commercial and logistics real estate. At GIEAG, his responsibilities included logistics transactions, developments in the Erfurt and Leipzig area and design works for new sustainable business parks.
Goss started his logistics property career at e-commerce giant Amazon, where he initiated the leasing and development of almost 900,000 m2 of warehousing space. Between Amazon and GIEAG, Goss was head of an industrial real estate agency at JLL.
Goss will be joined by Cristian Siegmund, previously a transactions manager at CBRE, with positions in both Frankfurt and London. Siegmund, who joins Crossbay as a vice president, will focus on securing new acquisitions.
Crossbay Germany’s team is currently responsible for a 20,000 m2 portfolio, with four properties in Nuremberg, Lübeck, Teningen and Neu Wulmstorf.
Crossbay is looking to increase its assets under management (AUM) in Germany to €300 mln over the next two to three years following last year’s €550 mln capital raise and recent €400 mln debt facility with Citi.
Launched in May 2020 by private equity real estate investment manager Mark, Crossbay’s investors include the Townsend Group, CBRE GI, Credit Suisse, Nuveen and QInvest LLC.
