Hamburg, Germany-based GARBE Institutional Capital has announced its expansion into the Central and Eastern Europe (CEE) markets, managing and developing retail, office and residential real estate assets.
GARBE Institutional Capital is a fully integrated management platform operating along the entire property value chain of development, fund, asset and property management in various European markets. The firm provides German institutional investors with access to high-quality real estate investments in economically prospering metropolitan areas in the eastern part of the European Union.
The new CEE business will be headed by Ben Maudling as managing director.
“Between 2014 and 2019, real estate investments in CEE almost doubled,” said Maudling in a statement. “We expect this rapid growth to continue in the coming years with the residential sector being particularly interesting.”
He adds, “We will start operations in Poland and the Czech Republic
