After Belgium, France and the Netherlands, Montea is now expanding into the German market. For the expansion, the company has entered into a partnership with the IMPEC Group, which will be responsible for the search for development and investment opportunities. Montea will act as a financial partner for these projects during the development phase as well as an investor for the end products. Thanks to its experience in sustainable developments and investments, the IMPEC Group will contribute to Montea's strong growth ambition. It is expected that the company will announce its first projects before the end of this year.
“This decision was not taken overnight. Its central location, excellent infrastructure, high-technology and building standards make Germany today Europe’s most attractive logistics market. We therefore fully believe that we can achieve our ambitions in Germany through strong cooperation with the IMPEC Group,” said Jo De Wolf, CEO Montea.
Like Montea, the IMPEC Group has grown out of a family business. Moreover, the German group has the same values with a focus on long-term value creation through built-to-suit developments on strategic positions. The IMPEC Group – or IMPEC Real Estate – was founded in 1993 by Gerhard Mannsperger. Since the arrival of son Domenique Mannsperger, a seasoned logistics developer, the company has focused exclusively on logistic developments, with clients like Seifert Logistics, Duvenbeck and Mateco. The IMPEC Group developed over 550,000m² of leased storage space and has a transactional volume of €400m in the past years.
“The IMPEC Group has been able to prove its mettle as a project developer on several occasions and has been looking for a reliable partner, who has the same philosophy and quality demands on its own project developments as we do. With Montea as a financially robust partner, we will be able to increase our impact significantly and in so doing meet the increased demand for high-quality real estate and our own ambition,” commented Domenique Mannsperger, Director Montea Germany.