Wednesday, 25 March 2026
Manova Partners reported a total transaction volume of approximately €535 million in 2025, with acquisitions accounting for around €225 million and disposals totalling about €312 million. The company completed the sale of eight properties during the year, primarily office and logistics assets in the United States.
A significant share of acquisitions related to two large-scale properties in the US and Poland. In Warsaw, the firm acquired the Vibe A office property in the City Centre West submarket, while in the US it invested in a mixed-use development in Silicon Valley, California. The company indicated that it intends to continue its acquisition activity into 2026, with transactions worth €187 million already completed or at an advanced stage in the first quarter of the year.
Alongside transactions, portfolio management remained a key focus. New lease agreements covering approximately 410,000 sqm were signed in 2025, including 255,000 sqm in Europe, around 87,000 sqm in Latin America and about 72,400 sqm in the United States. Portfolio occupancy stood at around 93 percent at year-end.
The company also reported financing activity totalling approximately €530 million across 13 transactions that were either concluded or extended during the year. Assets under management reached €10.4 billion at the end of 2025.
Florian Winkle, Co-CEO of Manova Partners, said: “In 2025, our focus was on transactions. We capitalised on existing opportunities in the interests of our investors and divested office and logistics properties. Demand was particularly high for our logistics properties, and we were able to achieve good prices. In 2026, we intend to be more active on the buyer side again.”
Looking ahead, the company expects to maintain its focus on logistics while exploring additional sectors. Christian Göbel, Co-CEO of Manova Partners, said: “Our strategic focus remains on logistics properties in Europe and Mexico. Above all, we want to drive the growth of our European logistics property fund. We also plan to capitalise on cyclical opportunities in the office sector worldwide. We are also considering data centres in Europe as a complementary investment. We are currently conducting an intensive market review in this area. We find the Nordic countries particularly attractive as locations.”
The company also plans to expand its third-party asset management activities. “We see significant demand here and especially in challenging times, the demand for professional support in property management increases,” Göbel added.
Photo: Florian Winkle and Christian Göbel, Co-CEOs of Manova Partners
