All Articles

TH Real Estate expands logistics team in Germany

Stephen Siebert

TH Real Estate has appointed Steven Siebert to its logistic team in Frankfurt. Joining from JLL, Steven has been appointed as a Senior Asset Manager, reporting into Thorsten Kiel, Head of Logistics, Europe.

He will be responsible for a portfolio of German logistics assets under the management of TH Real Estate. The current portfolio comprises more than 30 properties with a total usable area of around 750,000 sq m (c.8.1 million sq ft). Steven will support the company’s European logistics team which is also based in Frankfurt.

Whilst at JLL, Steven was the Head of Industrial Investments in Frankfurt and most recently in Düsseldorf. He managed investment transactions and built up a dedicated team of specialists for the Rhine-Ruhr region.

Steven holds a Master’s in Business Administration and International Property Management. He is also a member of the Royal Institution of Chartered Surveyors (MRICS). He brings more than 15 years of experience in the field of logistics, having also held previous positions with DTZ Zadelhoff Tie Leung GmbH in Frankfurt. 

Thorsten Kiel, Head of Logistics, Europe at TH Real Estate, comments: "Steven’s comprehensive expertise will help us to further expand our logistics platform and to lay the basis for continued growth. Our goal is to build up our German logistics portfolio to a total floor area of more than one million sq m. Steven will aid us in our efforts to create added value for our investors and tenants through active asset management. We are delighted to have Steven on board to support us in our ongoing drive to expand."

Over the past six years, TH Real Estate has launched four logistic-focused institutional investment funds for German clients, and expanded its real estate assets under management (AUM) in the European logistics sector to €2.4bn. 

Issued by Nuveen Real Estate Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Nuveen Real Estate Management Limited provides investment products and services. Past performance is not a guide to future returns. The value of investments and any income will fluctuate (this may be partly be the result of exchange rate fluctuation) and investors may not get back the full amount invested. Where opinions have been expressed, they are based on current market conditions and are subject to change without notice.

Press Office

Kara Eigl, Director of PR


Daisy Okas, Director, Public Relations