Manama (Bahrain)
GFH Financial Group announced that its subsidiary Robec Asset Management and ICG Real Estate, which represents the real estate activity of Intermediate Capital Group (IGC), have entered into a partnership to assemble an urban/last mile logistics portfolio through Spain. This partnership marks another milestone for GFH, as it continues to expand and fulfill the asset management aspirations of the group.
“We are pleased to announce this new partnership, which has already identified a strong portfolio of assets across core Spanish city markets and completed three strategic acquisitions,” said Hugh MacDonald Brown, Robec’s Managing Partner. The partnership builds on Rubik’s solid track record as a pan-European asset manager and presence in the Spanish market, having established Rubik Iberia in 2020 in a €300m transaction of Spanish logistics and increased investor demand for access to Spain.”