IVG Institutional Funds is partnering with German logistics developer and asset manager Garbe Logistic to establish a EUR 400 mln investment fund, IVG Garbe Logistik Fonds.
IVG Institutional Funds is partnering with German logistics developer and asset manager Garbe Logistic to establish a EUR 400 mln investment fund, IVG Garbe Logistik Fonds.
The vehicle will seek to invest in high-quality logistics real estate in prime locations in Germany, with Garbe acting in the acquisition process exclusively on behalf of the fund. IVG will cooperate with Garbe Logistic as asset manager.
'The implementation of the strategic cooperation between IVG and Garbe ensures access to market-leading fund and asset management expertise for our investors. IVG is widening its product portfolio for institutional investors and consequently is further developing its integrated real estate and infrastructure investment platform,' commented Steffen Ricken, managing director of IVG Institutional Funds.
