The aim of this strategic partnership is to invest readily available funds out of Topland Group of Companies' (TLG's) capital allocation of up to 2 billion in the asset class real estate. The funds are to be deployed directly into controlling positions of long-term anchored, sale and leaseback and other cash-yielding scenarios. There are no limitations on scope or structure of the investments to be made.
The investment teams of CBE, led by Dr. Geza Martin Toth-Feher, and of TLG, led by Clive E. Bush, have successfully worked together for some years in the real estate investment sector, with CBE sourcing and arranging deals and/or debt, and TLG providing capital, asset management and property expertise.
Clive E. Bush, TLG's Property Services Investment Officer, says: "We have been working with Geza's team for a number of years now, and we are very impressed with CBE's ability to utilize its excellent network to source and structure German deals. Our ability to invest substantial cash into interesting situations in Germany coupled with the skills and network of CBE's team will give us a competitive edge over other investors: we will be more efficient and focused, with a very high degree of transaction certainty."