David Zimmermann appointed Co-Managing Director at LIP Invest as firm prepares new logistics fund

LIP Invest, a leading German investment firm specializing in logistics real estate, has appointed David Zimmermann as its second Managing Director. Zimmermann, who has been with the company for two years, will work alongside Managing Partner Sebastian Betz to lead the owner-managed business.

Zimmermann will continue to oversee capital investment and serve as the primary contact for LIP’s more than 60 existing investors. He will also be responsible for marketing new fund products and attracting additional investors to the firm.

“David brings valuable investment expertise to our team and is an excellent complement to our specialists in real estate, logistics, and investments,” said Sebastian Betz. He noted that Zimmermann transitioned from the investor side of the business to asset management two years ago, following a 20-year career at Sparkasse Miltenberg-Obernburg, where he served as Head of Investments and Deputy Head of Trading.

Earlier this year, Zimmermann became an authorized signatory at LIP Invest and has played a significant role in securing commitments for the firm’s newest logistics fund. Betz highlighted the close collaboration between the two managing directors during investor meetings across Germany.

“Sebastian and I work seamlessly together, sharing the same objectives but bringing different perspectives to our discussions, which strengthens our decision-making,” said Zimmermann. He added that LIP Invest is nearing the first closing of its new logistics fund and has assembled an initial portfolio that already exceeds the fund’s target yield of five percent.

The upcoming logistics fund, LIP Logistics Fund 5, is on track for its first closing and initial property acquisitions. Five institutional investors have already committed to the fund, with additional investors in the final stages of review. The fund has a target volume of €350 million and remains open to institutional investors, including insurance companies, pension funds, banks, savings banks, church institutions, and foundations.