Greykite’s European real estate fund’s multi-let industrial (MLI) platform, Lagerhome, has entered the German market with the acquisition of two assets.
The Greykite European Real Estate Fund I fund, in partnership with Troveinvest, has agreed to acquire the 48,000 square meters portfolio comprising two assets in Frankfurt and Dusseldorf.
Greykite said, alongside Troveinvest, it plans to unlock value-add potential in the portfolio through active leasing and accretive capital expenditure. The pair also intend to further expand Lagerhome’s presence across Germany.
Source: realassets.ipe.com on the 23rd of June