CRE Resolution expands its activities in industrial and logistics real estate (DE)

Oliver Driver (44) has been appointed head of CRE Resolution GmbH's industrial and logistics real estate division, working from the Cologne office of the Berlin-based company. A graduate of engineering, he will be responsible for acquisition and asset management, in particular for the logistics and light industrial real estate joint venture E.P.F. Colonia managed by JPMorgan Asset Management and CRE Resolution's majority shareholder Colonia Real Estate AG.

Driver previously worked as a consultant for acquisitions and project development in real estate in the logistics sector. His clients included IVG Immobilien AG, Bonn.

Transaction and asset management for the joint venture's properties has been placed exclusively in CRE Resolution's hands. The joint venture focuses on logistics real estate with a balanced mix of class-A properties in locations with steady long-term demand and higher yield production facilities with potential for development or alternative use.

Investments are currently being made in Germany only.

Source: Targa

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