Deutsche Industrie REIT-AG | REIT Profile

Symbol: JB7
Exchange: XETRA
Founded: 2014 (10 years)
HQ: Potsdam, Germany
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Industrial

See JB7 on Yahoo Finance

Deutsche Industrie REIT-AG sustainably invests in German light industrial real estate. Light industrial includes storage, distribution of goods as well as management and production. This asset class consists mostly of medium to large industrial and commercials estates. These properties are usually more complex than pure logistics real estate and have a high local relevance. The Company was founded under the name Jägersteig Beteiligungs GmbH in November 2014 in Germany. In August 2017 the company changed its name to Deutsche Industrie Grundbesitz AG. The listing took place in December 2017 at the stock market in Berlin. In the beginning of 2018 the Company obtained the REIT status (real estate investment trust) and will be therefore exempted from the income-based tax. The name then changed to Deutsche Industrie REIT-AG. The objective of the company is to acquire and manage an attractive light industrial portfolio focused primarily on infrastructurally well-connected locations across Germany which have a high local relevancy.