RLI Investors: Expansion of company management and business development
- Peter Wenzel and Waldemar Martel appointed as additional Managing Directors of RLI Investors
- Expansion of development projects and launch of a Europe fund in 2020
Investment and asset manager of logistics properties RLI Investors (RLI) is expanding its management team by promoting Peter Wenzel and Waldemar Martel. Peter Wenzel’s activities will centre on product development. Waldemar Martel will be expanding the development segment. Wolfgang Holzberger is leaving the company but is retained as an external transaction manager and lawyer.
Peter Wenzel (40) becomes a Managing Director of RLI Investors with immediate effect. Wenzel has worked for the logistics property specialist since the end of 2016. So far, he has acquired around 36 warehouse and logistics properties for the portfolios of the open-end special logistics property “RLI Logistics Fund – Germany I and II” and in the scope of third-party investments.
Peter Wenzel views his role in a positive light: “As part of the RLI team, I intend to continue the company’s successful course as a recognised logistics property specialist. The aim is to offer long-term, high-yielding and attractive investment solutions in the logistics property class to German and international investors in the current market environment.” In the wake of its two successful German funds, RLI plans to launch a European
fund in 2020.
Wenzel, a Real Estate Economist (IREBS), has fourteen years’ experience in international commercial real estate investment. Prior to joining RLI Investors, he was responsible for the asset and transaction management of international real estate portfolios at PGIM Real Estate and GLL Real Estate Partners.
Waldemar Martel (57), as Managing Director of Development, will further expand the development division. He has been with RLI Investors since 2015, with responsibility for the technical asset management. He previously held senior positions in several real estate companies.
Katrin Poos, Managing Director of RLI Investors: “I am delighted with the expansion in the corporate management and am confidently looking forward to 2020. Together, we will advance the strategic orientation of RLI Investors in the areas of product and project development. We will also drive planned increase in real estate assets under management from the current EUR 900 million to EUR 2 billion in the next three years.”