Madison International JVs on Amazon Build-to-Suits in Germany
Griffin Real Estate and Madison International Realty formed a joint venture for their two first investments together in Germany. With Griffin’s development partner, Panattoni Europe, the firms will develop two build-to-suit logistics properties for Amazon.
The two transactions are Griffin Real Estate’s first major acquisitions in Europe outside of Poland, and a second joint project of this leading Polish private equity investment manager with Madison International Realty. The two companies have worked together since January 2020, when they began their strategic partnership in Poland’s logistics sector.
“This venture is fully in line with our strategy of working alongside what we believe are outstanding local partners to leverage opportunities in rapidly-growing sectors and markets and we will seek to continue our successful cooperation with Griffin Real Estate and Panattoni, in order to further expand and capitalize on the opportunities in the European logistic sector,” said Derek Jacobson, Madison International Realty co-CIO.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).