Goodwin advised Madison International Realty on the formation of a joint venture with StoneVest AG for the acquisition of light industrial and logistics. Over the next three years, the joint venture partners expect to acquire assets with a total value of up to EUR 150 million.
The joint venture will target new and existing properties valued between EUR 10 million and EUR 50 million, with a particular focus on sale and leaseback transactions and purchases of leased corporate real estate. The joint venture will acquire properties located in Germany, Austria and Switzerland, within important industrial hubs.
The joint venture has already closed on two long lease light industrial properties in Bavaria through a capital partner replacement transaction from the "Industrial Properties Europe" investment platform launched by StoneVest in 2021.
Madison International Realty is a leading liquidity provider to real estate investors worldwide and focuses on existing properties and portfolios in the U.S., U.K., and Europe. Madison has offices in New York, London, Amsterdam, Luxembourg, Los Angeles and Frankfurt.
StoneVest AG is an independent, privately owned real estate investment and asset manager based in Zurich. The company develops tailor-made investment solutions for operational "light industrial" and logistics properties in Germany, Austria and Switzerland, where companies store, produce and conduct research.
The Goodwin team was led by Marc Bohne and Markus Käpplinger and included Hanna Kaufhold, Anton Amann, Robert Jochim, Bastian Schmack, Nadine Gommel and Felix Krüger.
The joint venture will target new and existing properties valued between EUR 10 million and EUR 50 million, with a particular focus on sale and leaseback transactions and purchases of leased corporate real estate. The joint venture will acquire properties located in Germany, Austria and Switzerland, within important industrial hubs.
The joint venture has already closed on two long lease light industrial properties in Bavaria through a capital partner replacement transaction from the "Industrial Properties Europe" investment platform launched by StoneVest in 2021.
Madison International Realty is a leading liquidity provider to real estate investors worldwide and focuses on existing properties and portfolios in the U.S., U.K., and Europe. Madison has offices in New York, London, Amsterdam, Luxembourg, Los Angeles and Frankfurt.
StoneVest AG is an independent, privately owned real estate investment and asset manager based in Zurich. The company develops tailor-made investment solutions for operational "light industrial" and logistics properties in Germany, Austria and Switzerland, where companies store, produce and conduct research.
The Goodwin team was led by Marc Bohne and Markus Käpplinger and included Hanna Kaufhold, Anton Amann, Robert Jochim, Bastian Schmack, Nadine Gommel and Felix Krüger.