GARBE Bundles Light Industrial, Science & Technology Investments into New Entity, GARBE Insite, and Integrates INBRIGHT Investment

News 07/10/2024

• Martin Czaja and Adrian Zellner to head the new company as its managing directors
• GARBE Insite planning for further growth with institutional investors, aiming to focus on pan-European investments
• Taking over the fund and asset management of an existing special AIF for science & tech sector investments

 Hamburg, 7 October 2024. GARBE is bundling its investment activities in the light industrial and the science & technology sectors into a new spin-off called GARBE Insite and is planning to keep growing among institutional investors. To this end, the company will integrate the investment arm of INBRIGHT, a real estate company based in Berlin. In addition, the new company will take over the fund and asset management of an existing open-ended institutional real estate fund. It will be headed by Martin Czaja (formerly INBRIGHT) and Adrian Zellner, a member of the management board of GARBE Industrial.

Pooling its investment activities in this manner is part of the new “Sheds, Beds & Infrastructure” strategy recently announced by GARBE. Its objective is to bundle the company’s operating activities into three top-level business lines—“Industrial,” “Reside” and “Infrastructure”—as corporate entities operating autonomously from one another. GARBE Insite is part of the “Industrial” top-level business line, which aims to establish a fully integrated, sector-specific real estate platform that covers the entire industrial value creation.

Martin Czaja, Managing Director of GARBE Insite, elaborated: “We are gathering our shared skills in the fast-growing segments of light industrial and science & technology in a new company. The well established GARBE platform and the pan-European network make it possible for us to tap into new market potential.” Czaja is one of the founders of INBRIGHT Investment. Moreover, he arguably helped to pioneer this market segment during his 17-year stint with BEOS AG, eventually serving as the company’s CEO. INBRIGHT is an independent, management-owned real estate developer, investor and asset manager that will focus on property development in future. The INBRIGHT Investment entity taken over by GARBE will give institutional investors market access to light industrial real estate through regulated investment vehicles.

Adrian Zellner, the other managing director of GARBE Insight and a member of the management board of GARBE Industrial, added: “The new company with its highly experienced team enables us to leverage our strengths in these sectors even more effectively. With our 360-degree management in the roles of developer, operator and investors as well as with our boots-on-the-ground approach, institutional investors benefit from our vertical integration in almost every real estate sector.” Zellner has been with GARBE Industrial since 2019.

The team of GARBE Insite is composed of specialists from the light industrial and science & tech sectors who have been with GARBE for an extended period of time. It includes Henning Reusch, Head of Light Industrial, Remco van der Mije, Head of European Science & Tech, Nina Stoller, Senior Investment Manager, Jonas Garduhn, Technical Project Manager, and Tonia Blume, Project Manager. Inga Kühn, Corporate Development, and Fabian Spohn, Senior Investment and Portfolio Manager, will be transferring from INBRIGHT Investment to join the team.

GARBE is reorganising its structure according to its “Sheds, Beds & Infrastructure” strategy by setting up three top-level business units: GARBE Industrial, GARBE Reside and GARBE Infrastructure. Grouped together in GARBE Industrial Holding are the entities GARBE Industrial Real Estate, GRR GARBE Retail, NDC GARBE and GARBE Insite.