Clemens Goss

VP Germany @Crossbay

Frankfurt am Main, DE

Launched in May 2020 by leading private equity real estate investment manager MARK, Crossbay is designed to enable institutional investors such as pension funds and insurers to grow their exposure to the fast-growing last mile logistics sector.\\\\n\\\\nThe platform is led by Marco Riva, who joined from Blackstone portfolio company Logicor, which focuses on ‘big box’ warehouses.\\\\n\\\\nCrossbay focuses specifically on single-user distribution centres in locations no more than a 90-minute journey to the centre of the nearest city. Single-tenant assets require less intensive asset management than multi-let industrial units and are less exposed to the performance of the wider economy than larger ‘big box’ warehouses.\\\\n\\\\nThe platform’s current m² portfolio hosts a high-profile tenant base, counting leading 3PLs such as FedEx and DHL, as well as major e-commerce brands like Amazon, as occupiers.\\\\n\\\\nCrossbay recently announced a EUR 400 million debt facility with Citi to help fund its growth and expansion. This follows a successful capital-raise last year, in which Crossbay secured EUR 550 million in equity commitments from investors including the Townsend Group, CBRE GI, Credit Suisse, Nuveen and QInvest LLC.\\\\n \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n

IREBS Immobilienakademie GmbH

Master of Science (MS), Real Estate Economies

FAU Erlangen-Nürnberg

Diploma, Business Administration