Verdion has appointed Florian Stöbe as its new Head of Investment for German markets, based at the firm’s Frankfurt office.
Stöbe (34) joins from Deka Immobilien Investment where he was Senior Investment Manager – Logistics, responsible for the acquisition of logistics assets and project developments in Germany, Benelux and France. Before Deka, he held a senior logistics transaction role at Catella and previously worked with CBRE.
Michael Hughes, CEO at Verdion, said: “Institutional appetite for European logistics space continues to strengthen, with growing occupational demand further buoyed by a significant increase in online shopping during the worst of Covid-19 – especially in the grocery sector. Demand for urban logistics real estate as a long-term asset is accelerating.
“Verdion is expecting to deploy substantial further investment capital in response, particularly in Germany, Benelux and the Nordics, and this is the first of a number of senior appointments designed to strengthen our team across these key markets. Value-add investment strategies require deep, sector specific expertise, combining high technical competence and strong commercial networks. Florian has an excellent track record and will be a great asset to the team.”
As a result of these changes Verdion’s investment committee will be expanded to include the new Heads of Investment for each key territory, chaired by Verdion’s CEO. At the same time, each investment head and their teams will work closely with Verdion’s development, asset management and technical specialists across its network of European offices.