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Jul 7, 2021 at 4:12 PMLIP Invest, a leading investment house in the asset class of logistics real estate in Germany, is expanding its management team due to strong growth. Since July 1, 2021, Sebastian Betz (33) has been appointed as the second managing director of the Munich-based investment house LIP, alongside company founder Bodo Hollung (61). Betz will continue to lead the fund and portfolio management operations and will also be responsible for asset management.
(Munich) Hollung will continue to oversee the areas of strategy and corporate development as well as communication and will lead acquisitions operationally. Hollung and Betz have successfully worked together in the management of institutional logistics real estate funds for more than eight years. At LIP, which they jointly established in 2017, Sebastian Betz has been serving as an authorized signatory in the management since 2019. “With Sebastian’s promotion to managing director, we are setting the course for our rapidly growing company – now already with a logistics real estate portfolio of over 1.2 billion euros – for the future and distributing responsibility across multiple shoulders,” explains Bodo Hollung, founder and managing partner of LIP Invest, adding: “I have worked closely, trustfully, and collaboratively with Sebastian for so many years, now even on the sixth fund edition. Therefore, I am even more pleased to be able to shape the future of LIP together with him in a leadership role.”
Previously worked together
Sebastian Betz studied geography and business administration at the bachelor’s level and graduated in 2012 from the University of Trier with a Master of Arts in applied geography, focusing on real estate management. Betz is currently completing a part-time study program at IRE|BS, which he will successfully finish in 2021 with the title of real estate economist (IRE|BS). After professional positions at Colliers and Realogis, Betz, together with Hollung, established RLI Investors – recently sold to DIC – as an investment house before both started anew with LIP.
LIP with rapidly growing fund business
The current expansion of the management team was a logical consequence of the rapidly growing fund business. Since 2017, LIP has acquired 43 properties with an investment volume of over 1.2 billion euros and over 880,000 square meters of rental space through three logistics real estate funds. Meanwhile, over 50 institutional investors from the circles of insurance companies, pension funds, savings banks, foundations, and large family offices have participated in LIP funds. “The interest in our funds and logistics real estate remains unabated, so we will soon launch another fund with a similar strategy. Our product availability remains very stable, and our pipeline is well filled. Therefore, we plan to invest over 200 million euros in the second half of the year,” reports Hollung.
About LIP
LIP Invest is a leading investment house in the asset class of logistics real estate in Germany. The company was founded in 2017 by experienced managers and industry experts. Currently, LIP manages logistics real estate with a total rental area of around 880,000 square meters and a volume of approximately 1.2 billion euros. With three funds to date, LIP offers institutional investors access to the attractive asset class of logistics real estate.
Photo: © LIP
