Home> Investments > Current assets > GLI Portfolio
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| GLI Portfolio |
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| Location |
Stuttgart and Kiel, Germany |
| Date acquired |
Acquired by MGP Fund II in December 2006 |
| Investment type |
Portfolio of eight light industrial properties |
| Description |
This portfolio comprises 63,000m² of space, with seven of the properties located in Stuttgart and one in Kiel in northern Germany. The portfolio consists of 75% light industrial space and 25% office space. |
| Investment strategy |
Acquire a portfolio of high-yielding, stabilised assets for significantly less than replacement cost in one of the most vibrant industrial regions in Germany.
Work closely with tenants and letting agents to improve the expiry profile of the portfolio. Take advantage of expected further yield compression as the light industrial sector emerges as an institutional asset class with both domestic and international appeal. |
| Contact |
Marius Schöner
Frankfurt, Germany
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