Essen, 18th December 2018: Tectareal Premium Takes Over Property Management for RLI Logistics Fund – Germany I

Tectareal Premium GmbH, Essen, Germany, has been awarded the contract for the commercial and technical property management of the "RLI Logistics Fund – Germany I" by RLI Investors GmbH, one of the leading independent asset and fund managers and specialists for real estate logistics in Germany.

The portfolio comprises 18 logistics properties in various locations throughout Germany with a total rental space of approximately 474,000 sqm (more than 5.1 million sq. ft.). Tectareal is managing the mandate from its Munich office, using it as the central office to integrate the operational teams of the other branches.

"We are pleased to be able to combine our experience in the real estate logistics segment with our expertise in management of open alternative investment funds (AIF) for real estate within the framework of this mandate for RLI Investors," explains Torsten Maidorn, member of the Tectareal Premium GmbH management board and site manager in Munich.