Montano Real Estate takes over two logistics properties in Leipzig as part of its partnership with Carlyle

• Asset management taken over for further property in Frankfurt
• Strong growth in the number of properties under the Carlyle mandate, with a total of seven new acquisitions already completed in 2022
• Number of properties under active asset management as part of the Carlyle mandate rises to 25
• Volume of assets under management as part of the partnership to be further expanded to around EUR 500 million

Munich, November 8, 2022 - Montano Real Estate GmbH ("Montano", ), one of the leading independent investment managers in the German commercial real estate market, has completed the purchase of two additional properties in Schkeuditz near Leipzig as part of its partnership with global investment manager Carlyle (NASDAQ: CG), which has been ongoing since fall 2021. The two independent logistics buildings with 13,000sqm and 6,000sqm of space are conveniently located not far from Leipzig/Halle Airport. Asset management was also taken over for a logistics property in Obertshausen near Frankfurt, also as part of the Carlyle partnership.

As part of the partnership, Montano and Carlyle have already acquired a total of seven properties in the current year and taken over active asset management. This brings the volume of the joint Carlyle and Montano portfolio to 25 properties. The properties are acquired through Carlyle Europe Realty (CER), Carlyle's pan-European real estate platform. The value of the total portfolio is expected to increase to €500 million through further acquisitions.

As part of the partnership, Carlyle is investing in logistics properties close to cities. Montano will provide active asset management for all properties with the aim of generating added value and corresponding excess returns through an active management and leasing strategy as well as renovations and selective repositioning.

The seller of the properties in Schkeuditz near Leipzig is JASIKA Holding GmbH, the property was brokered by Lütgen Breiholdt Immobilien GmbH & Co. KG. The property in Obertshausen near Frankfurt, which was newly taken over into Montano's asset management, has around 13,000 sqm and is conveniently located in the Frankfurt metropolitan region with good connections to Frankfurt, Offenbach and Hanau. Both properties are suitable for third-party use and have solar panels on the roof.

"We have already been very active in logistics properties in the current year and intend to continue to grow significantly here with the aim of expanding the partnership's total portfolio to EUR 500 million. Online retail is booming and trends such as same-day delivery or free shipping and returns are fuelling demand for logistics properties close to cities. Investments in such properties therefore remain exciting, especially as the market continues to grow significantly," explains Sebastian Schöberl, co-founder and Managing Partner of Montano Real Estate.

About Montano Real Estate
Montano Real Estate GmbH is one of the leading independent investment specialists in the German commercial real estate market with offices in Munich, Frankfurt and Berlin. Institutional investors can find safe and particularly high-yield investment products that match their risk profile at Montano. Founded in 2013 by Ramin Rabeian and Sebastian Schöberl, the company's extensive experience in asset management for institutional and international investors has ensured steady growth and lucrative increases in value well above the market level.

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Montano Real Estate GmbH
Lenbachplatz 5
80333 Munich, Germany
Phone 80 0
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