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Storage- and racking systems

Martin Schrüfer,

Georg Starck becomes CIO of Verdion

Storage- and racking systems: Georg Starck becomes CIO of Verdion

Frankfurt, 24.01.2018 - European logistics specialist Verdion has appointed Georg Starck (47) as Chief Investment Officer. From the newly opened office in Frankfurt, he will be responsible for Verdion's growing pan-European investment platform. Starck comes from Alpha Industrial GmbH, where he led a team of 20 employees as Commercial Director. Here he managed and developed industrial and logistics properties for internal and external clients with a total area of 1.1 million m² and a pipeline of 600,000 m². He was also responsible for the Group's acquisition and sales activities. Previously, Starck worked for Aareal Asset Management (now Schroders) and ING Real Estate (now CBRE Global Investors), among others.

Michael Hughes, CEO of Verdion, says: "The dynamics of the logistics real estate market are currently being driven by two important trends: increasing urbanization and digital transformation. We can benefit from this with strategic investments. Georg Starck has the experience and track record to achieve just that. We are therefore delighted to have him on board. In the future, strategic investments will be a central pillar of Verdion's business model alongside our outstanding development pipeline."

Georg Starck: "Verdion invests in logistics and industrial properties with a value-add and core profile, primarily in excellent suburban and central locations in the UK, Germany, Denmark and Sweden. With the increasing demand for urban logistics and last mile deliveries, we will increasingly focus on established and growing locations in the future, as well as on properties that we can reposition with the help of Verdion's many years of expertise." red
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