Griffin Capital Partners expands presence with new office in Germany

Griffin Capital Partners (GCP), a privately-owned investment and asset manager specializing in private equity and real estate across Central and Eastern Europe (CEE), Germany, and other EU markets, has announced the opening of a new office in Germany. This expansion follows a series of high-profile transactions in the region, including the acquisition of Bauwert in April 2023.

The newly established Griffin Capital Partners Germany will be led by Marcel Hertig, who has been appointed Managing Director and Head of Germany. Hertig brings over 15 years of experience in real estate and private equity investment, having previously managed German investments at Patron Capital and led real estate private equity activities in Germany and the BeNeLux region as Investment Director at TPG Angelo Gordon. In his new role, he will oversee investment opportunities, asset acquisitions, and strategic projects, including Griffin’s operations tied to Bauwert, one of Germany’s leading real estate developers.

Nebil Senman, Co-Owner and Managing Partner at Griffin Capital Partners, emphasized the importance of the German market for the company’s strategic growth. He stated that the establishment of a local presence under the leadership of an experienced expert like Marcel represents a significant step in Griffin’s expansion strategy. He highlighted Germany’s evolving political and economic landscape as a key driver of investment opportunities and expressed confidence that this move would enhance value for investors and partners.

Marcel Hertig, Managing Director at Griffin Capital Partners Germany, expressed enthusiasm for his new role, noting that Germany holds immense potential as an investment market. He underscored the company’s focus on identifying high-quality investment opportunities and leveraging Griffin’s expertise to drive impactful projects and long-term value for investors.

The expansion into Germany aligns with Griffin Capital Partners’ broader strategic goals. Maciej Dyjas, Co-Owner and Managing Partner at Griffin Capital Partners, highlighted the firm’s recent growth initiatives, including the development of StudentSpace, a new student housing platform, and OnTrain, a rail leasing platform offering modern locomotives to European rail operators.

Griffin Capital Partners has already established a strong foothold in Germany, completing significant transactions in real estate and logistics. In April 2023, the firm, in partnership with WING Group, acquired a 60% stake in Bauwert, with the remaining 40% retained by existing shareholders. In 2022, Griffin’s logistics investment platform, International Industrial Properties (IIProp), sold two BTS projects valued at over EUR 110 million, developed for a global e-commerce leader. The firm also successfully sold two grade-A logistics projects in 2023 for over EUR 40 million.

The expansion into Germany reflects Griffin Capital Partners’ commitment to delivering tailored investment solutions and strengthening its presence in key European markets. With a strong track record in real estate, logistics, and private equity, the firm is set to further solidify its position as a leading investment partner in Germany’s dynamic market.

Photo 1: Nebil Senman, Co-Owner and Managing Partner at Griffin Capital Partners and Maciej Dyjas, Co-Owner and Managing Partner at Griffin Capital Partners
Photo 2: Marcel Hertig, Managing Director at Griffin Capital Partners Germany