Germany’s Garbe is bundling its investment activities in the light industrial, science and technology sectors into a new unit as part of its recently announced ‘sheds, beds & infrastructure’ strategy.
The new unit, Garbe Insite, will also include the investment arm of INBRIGHT, a real estate company based in Berlin. In addition, it will take over the fund and asset management of an existing open-ended institutional real estate fund.
Garbe Insite will be headed by Martin Czaja (formerly INBRIGHT) and Adrian Zellner, a member of the management board of Garbe Industrial.
Commenting on the move, Czaja said: ‘We are gathering our shared skills in the fast-growing segments of light industrial and science & technology in a new company. The well-established Garbe platform and the pan-European network make it possible for us to tap into new market potential.’
Czaja is one of the founders of INBRIGHT Investment, an independent, management-owned real estate developer, investor and asset manager that will focus on property development in future. The entity taken over by GARBE will give institutional investors market access to light industrial real estate through regulated investment vehicles.
Zellner, who has been with Garbe Industrial since 2019, added: ‘The new company with its highly experienced team enables us to leverage our strengths in these sectors even more effectively.
‘With our 360-degree management in the roles of developer, operator and investors as well as with our boots-on-the-ground approach, institutional investors benefit from our vertical integration in almost every real estate sector.’