Arrow Global Germany GmbH (‘Arrow Germany’), a subsidiary of Arrow Global Group Limited, has announced the acquisition of the operating platform and assets of Interboden GmbH & Co KG and certain subsidiaries (‘Interboden’), a leading real estate business in Germany.
This acquisition builds strongly on Arrow’s servicing footprint in Germany and provides the operational capabilities to expand real estate servicing and equity investment opportunities across the region.
Founded in 1950, Interboden is currently managing projects with a gross development value in excess of €500 million, the Interboden team has been at the forefront in developing innovative large-scale projects with strong Environmental, Social, and Governance (ESG) credentials.
The acquisition includes all employees and related servicing contracts across offices in Dusseldorf, Berlin, and Leverkusen, allowing Arrow Germany to support servicing arrangements and evaluate near-term deployment opportunities across the country.
Bernhard H. Hansen has been appointed as Interim CEO.
Zach Lewy, Founder, CEO, and Chief Investment Officer at Arrow Global, commented: “Interboden’s capabilities provide Arrow with immediate scale and presence in one of Europe’s largest real estate markets. Our opportunistic real estate strategy focuses on acquiring assets with substantial value-add and repositioning potential. This acquisition, for a minimal outlay, is perfectly aligned with our objectives and leverages Interboden’s deep local expertise.”
