Saturday, 15 March 2025
Manova Partners, an independent real estate investment company that finalized its separation from the Macquarie Group at the end of 2024, continues to expand its global presence despite economic challenges. The firm’s assets under management (AuM) reached €11.7 billion by the end of 2024, marking a 25% increase from €9.3 billion in 2020. The company’s portfolio also grew, with four additional assets bringing the total number of properties to 174.
In 2024, Manova Partners recorded transactions worth €409 million, with €173 million in acquisitions and €206 million in disposals. The firm leased more than 172,000 square meters of floor space and conducted decarbonization audits on 131 assets. Additionally, financing agreements worth nearly €620 million were completed or extended.
Co-CEO Florian Winkle emphasized that the firm’s transition to independence has strengthened its position. He confirmed that Manova Partners has already secured over €1 billion in new investment capital, allowing it to remain active in the current market.
Strengthening Presence in Latin America
Originally founded as GLL in Germany 25 years ago, Manova Partners has been an international real estate investment manager since 2002. While 55% of its portfolio remains in Europe, the company is increasingly expanding into the United States, Latin America, and Australia. Latin America, in particular, has seen rising investment, increasing its share of the company’s holdings to 10% in 2024.
According to Co-CEO Christian Göbel, the company is focused on growing its logistics and light industrial investments in Mexico and Chile. Manova’s local presence gives it a competitive edge, allowing for stronger market relationships and quicker responses to emerging opportunities.
Expanding in Logistics and Selective Office Investments
Manova Partners has been strategically shifting its focus from office properties to logistics real estate, which now represents 23% of its total portfolio. The firm remains selective in office investments, prioritizing high-end assets in premium locations.
Göbel highlighted that the logistics sector continues to experience strong demand for modern facilities, making it a key area of future investment. The company aims to launch a new pan-European logistics real estate fund in 2025 to further strengthen its presence in the sector.
Manova Partners plans to expand its investor base, particularly in the Americas and Asia. The recently opened office in South Korea will play a critical role in building new relationships and facilitating investments in the region.
With a strong financial position and a clear growth strategy, Manova Partners is set to capitalize on emerging opportunities in logistics, residential, and mixed-use real estate, further cementing its status as a leading global investment firm.
