For Immediate Release
Madison International Realty and StoneVest launch EUR 150 million joint venture to pursue light industrial investments in the DACH region
New York/Zurich, March 11, 2024
- Capital commitments of both partners enable acquisitions of ca. EUR 150 million of light industrial and logistics properties over the next three years.
- The investment focus will be on operationally necessary production and warehouse properties that are leased to medium-sized companies.
- The JV has been seeded with the acquisition of two light industrial properties located in Bavaria from an existing venture managed by StoneVest through a capital partner replacement.
- Senior financing for the initial two properties has been signed with a German savings bank.