Colliers International in Germany and Austria were responsible for advising and marketing a light industrial portfolio of Palmira Capital Partners and Crossroads European Real Estate Fund with a total of six assets.

The portfolio has been aggregated through single acquisitions since 2015 through a joint venture between Crossroads and Palmira. The six properties are located in major industrial and logistics regions, including Bremen, Bochum, Troisdorf, Frankfurt, Wiesbaden in Germany and Lebring near Graz in Austria, and are thus located in close proximity to major conurbations.

The 183,000 sqm portfolio was acquired by real estate investor Europa Capital and its joint venture partner Garbe Industrial Real Estate for its pan-European value-add fund Europa Fund V for a total of EUR 92.5m.