GARBE Industrial Real Estate GmbH has appointed Tom Herrschaft as its new Head of Real Estate Management. Herrschaft will be responsible for managing the portfolio across Germany and driving the strategic development of the company’s holdings. He will report directly to Andrea Agrusow, Managing Director of GARBE Industrial.
With a portfolio of over 230 properties, GARBE Industrial is one of Germany's leading developers and managers of logistics and light industrial assets. Herrschaft will oversee operations in five regions with six branch offices throughout Germany.
“In Tom Herrschaft, we found an executive with international experience for our real estate management who will keep driving our growth trajectory. His expertise in real estate management will help us optimise value creation in portfolio management in a pinpoint manner and ensure sustainable rent revenues,” said Andrea Agrusow, Managing Director of GARBE Industrial.
Herrschaft brings extensive experience in real estate, having most recently served as Head of Retail at Commerz Real, where he managed a global portfolio valued at over €3bn. He has also held senior positions at Hudson’s Bay Company/Galeria Kaufhof and served on the supervisory board of Galeria Logistik. His background includes a career start at Goldman Sachs Asset Management.
“I look forward to my new tasks and the chance to put my experience to work for a dynamically growing company like GARBE Industrial. I will focus specifically on further developing the company’s best-in-class service approach. The needs of our tenants and investors take top priority,” said Herrschaft.
IMAGE source: GARBE. Copyright - Tom Herrschaft
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