NEVO strengthens growth course through strategic partnership with ADOLF WEBER

NEVO, a specialist investment manager for the light industrial asset class, announces the entry of the Hamburg-based ADOLF WEBER Grundbesitz- und Projektgesellschaft. In the course of this partnership, ADOLF WEBER acquires the majority shares in NEVO, thus underlining its full confidence in the company's performance and future strategy. NEVO operates as an independent investment manager under the umbrella of the ADOLF WEBER Group and offers institutional investors and third-party clients access to tailor-made investment and asset management solutions in the light industrial segment.

Through the partnership, NEVO will be scaled in asset management and will be able to access all service modules within an integrated platform. The holistic range of services is completed by SQUARE PARKS GmbH, a sister company under the umbrella of the ADOLF WEBER Group, which realises commercial and craftsmen's parks in the new construction sector for third-party customers. The result is a complete 360° light industrial investment platform that covers all risk classes and the entire life cycle of the asset class for its clients.

Philipp Bentler and Dr. Cay Oertel, Managing Directors of NEVO, commented: "NEVO combines many years of experience with in-depth market knowledge and innovative technology. By partnering with ADOLF WEBER, we are creating a unique platform for light industrial investments that will benefit our clients in the long term."

NEVO stands for many years of experience in institutional investment management and in-depth know-how. NEVO combines institutional investment management with the multi-layered light industrial market and makes one of the most dynamic asset classes currently available as an investment product. Furthermore, the consistent specialization in light industrial guarantees deep market penetration as well as a resilient network of owners, investors, brokers and users in the entire DACH region.

NEVO's innovative management approach is complemented by state-of-the-art technology: the use of cloud-based solutions, artificial intelligence and data-driven models increase operational efficiency. The IT system that has been set up supports people as decision-makers in the best possible way through digital tools.

Dazu Marcus-C. Huckfeldt-Weber, Managing Partner of ADOLF WEBER Grundbesitz- und Projektgesellschaft: "With NEVO and SQUARE PARKS under the umbrella of the ADOLF WEBER Group, an integrated management platform for light industrial investments is being created. We are convinced that this partnership will open up strong synergy effects and growth potential not only for NEVO, but for the entire Group in the long term."