Important Announcement

Clarion Partners, LLC is pleased to have acquired a majority stake in Gramercy Europe on 5 April, 2019.

As a result of this transaction, Gramercy Europe is now known as Clarion Gramercy.

Click here to read the official statement.

About Us

Clarion Gramercy is a leading real estate investment fund manager focused on single tenant logistics and light industrial properties located across Europe.

Clarion Gramercy acquires assets that are subject to existing leases, purchases properties through sale-leaseback transactions and funds build-to-suit developments. It has a focus on Germany, the Netherlands, France and Spain although it has an active investment pipeline covering many European countries.

Europe Acquisition Criteria

Clarion Gramercy is a pan-European investor into single tenant real estate assets with a focus on logistics and light industrial properties. It acquires assets subject to existing leases, invests through sale-leaseback transactions and funds build-to-suit programs. It has a strong bias towards assets that will be subject to greater than five year leases. The assets are typically of strategic importance to the underlying tenant.

  • Transactions

    Existing leased properties and portfolios, build-to-suits and forward commitments / development funding, sale-leasebacks

  • Asset Type

    Logistics, light industrial and manufacturing, special purpose assets (eg. cold storage, food processing etc.)

  • Tenant Credit Types

    Focus on strong, durable tenants, will consider investment grade, non-investment grade and unrated tenants

  • Lease Term

    Targeting 5+ years remaining, will consider shorter lease terms opportunistically in supply constricted markets or when there is a high likelihood of renewal or a compelling residual value

  • Target Deal Size

    15 million EUR or higher

  • Geography

    Europe (predominantly Germany, the Netherlands, France, Nordics, Spain, Poland)

  • Tenancy

    Typically single tenant

Europe team meeting

Team Europe

Paul Graham

Non-Executive Chairman

PaulGraham

Mr. Graham FRICS has over 30 years' international experience in the real estate logistics sector. Prior to joining Gramercy, Paul headed real estate at DHL, the world's largest logistics provider, for the region Europe, Middle East and Africa. He led a front line team of 80 people with responsibility for around 3,000 facilities in 100-plus countries. Paul brings substantial occupational and business experience to Gramercy.

Alistair Calvert

CEO

AlistairCalvert

Mr. Calvert is CEO of Gramercy Europe Limited, which was formerly ThreadGreen Europe. Mr. Calvert established the original ThreadGreen business in 2006, launching its first fund in 2007, and subsequently selling the business to Gramercy Property Trust in December 2014. Simultaneously with Gramercy Property Trust being acquired by Blackstone in October 2018, Gramercy Europe became an independent fund manager through a management buyout from Blackstone. Under Mr. Calvert’s leadership, Gramercy Europe has transacted on more than £2.2 billion of logistics and light industrial property in the past 4 years.

Lorenzo Patrassi

CFO, COO

LorenzoPatrassi

Mr. Patrassi is the CFO & COO of Gramercy Europe Limited, which was formerly ThreadGreen. Prior to joining ThreadGreen, Mr. Patrassi served as Head of Finance and Administration at GWM Capital Advisors LLP which provides alternative investment strategies and manages over EUR 1BN in third party assets. He is fluent in English, French and Italian.

Gregory Vinson

Senior Director

GregoryVinson

Mr. Vinson joined Gramercy Europe in September 2016 as Senior Director Investments.  Previously, he served as Senior Vice President at Gramercy Property Trust in New York where he managed the disposition of over $1 billion in assets as part of a strategic portfolio realignment following the company’s merger with Chambers Street Properties in 2015.  He is fluent in English and Spanish.

Rory Buck

Senior Director

RoryBuck

Mr. Buck is a Senior Director at Gramercy Europe focussing on investments. Prior to Gramercy, he worked in the investment team at the UK opportunistic real estate fund Brockton Capital where he split his time between acquisitions and asset management activities. Before Brockton, Mr. Buck worked as an investment professional for Doughty Hanson Real Estate (DHRE), the pan-European opportunistic real estate investor.

Blair Peach

Finance Director

BlairPeach

Mr. Peach is the Finance Director of Gramercy Europe Limited. He has been a member of the Institute of Chartered Accountants in England and Wales (“ICAEW”) since 2012 and has worked in the asset management industry since becoming a chartered accountant. Prior to joining Gramercy, Mr. Peach served as the Fund Controller of the Credit Opportunities Funds at AnaCap Financial Partners LLP, which managed over EUR 1BN in third party assets.

Simon Allenby

Director

SimonAllenby

Mr. Allenby is a Director at Gramercy Europe and heads the European asset management operations from the company's office in Berlin. Previously, Mr. Allenby worked at CR Investment Management for seven years, where he managed a variety of property portfolios and led the real estate underwriting team on several large scale loan portfolio acquisitions. He is member of the Royal Institution of Chartered Surveyors and is fluent in English and German.

Thorben Schäfer

Vice President

ThorbenSchäfer

Mr. Schäfer is a Vice President in the Investment Team.  Prior to joining Gramercy Europe, he worked as an Analyst at The British Land Company in London.   Mr. Schäfer received his Bachelor of Arts from Cambridge University, where he graduated with first class honours from the Land Economy programme. He is fluent in English and German.

Jon Strang

VICE PRESIDENT

JonStrang

Mr. Strang is a Vice President in the Investment Team. Prior to joining Gramercy Europe he worked as an Analyst in J.P. Morgan Cazenove’s Investment Banking Department, where he covered diversified industrial companies, and subsequently the mining sector. Mr. Strang received his Master of Engineering degree from New College, Oxford University, where he graduated with first class honours.

methan

Associate

MethanMilkhu

Mr. Milkhu is an Associate in the Investment Team. Prior to joining Gramercy Europe, he worked as an Investment Banking Associate in the Real Estate Group at J.P. Morgan in London for three years. Mr. Milkhu received his Bachelor of Science from Warwick University, where he graduated with first class honours from the Economics programme.

Our Offices

London

LONDON OFFICE

London,United Kingdom

15 Bedford Street
London WC2E 9HE

Tel: +44 (0)20 7647 7500

Fax: +44 (0)20 7647 7501

Berlin

BERLIN

Berlin,Germany

Kurfürstendamm 30
10719 Berlin
Germany

Tel: +49 (30) 886200330

Barcelona

BARCELONA

Barcelona,Spain

Avenida Diagonal 640, 6th Floor
08017 Barcelona
Spain

Tel: +34 (932) 304125