Office JV launched to capture investment opportunities in Germany

The Silverton Group and Europi Property Group, a pan-European real estate investment company with Swedish roots, have established an office joint venture.

The partnership will seek to build up a portfolio of modern, grade-A office assets with a gross asset value of at least €200 million ($227 million) in the next 12 months. Investments will target properties in and around the top seven German cities, together with select, growing B-cities across the country.

“We are pleased to enter Germany through our joint venture with Silverton, a partner with an established track record and best in class asset management capabilities,” said Jonathan Willén, CEO of Europi. “Germany is one of the largest and most liquid real estate markets in Europe with meaningful economic growth across its larger cities.”

A first property already has been acquired on behalf of the partnership. The fully let office asset is located in one of the top cities in North Rhine-Westphalia