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Sign in Sign up for a FREE subscriptionTriuva and Garbe launch pan-European logistics fund
Triuva Kapitalverwaltungsgesellschaft and Garbe Industrial Real Estate have launched a pan-European logistics fund targeting a total investment volume of €300 million ($361 million), principally across the German, French, Benelux and Spanish markets.
“The Triuva Garbe Logistik Europa Fund is well matched to the investment demands of the insurance industry as it is unleveraged and therefore low risk, but still offers solid returns due to the attractive yield spread of the logistics sector over the other main real estate asset classes,” said Wenzel Hoberg, CEO of Triuva. “Initial yields on logistics properties in Western Europe are roughly 150 basis points higher on average than those on offices and about 220 basis points above retail space. Our partnership with Garbe also brings the optimal combination of Triuva’s in-depth knowledge of local markets through our network of European offices and their specialist expertise in logistics.”
The Triuva Garbe Logisti
