Korzo Investment Management
is an independent, pan-European
Real Estate Investment Manager.
ABOUT KORZO
Our guiding principles are independence (from affiliation with any bank or brokerage) and personalized service.
Our multinational team has extensive experience originating, acquiring and managing assets across a wide range of European countries. We possess a deep knowledge of the principal European markets, as well as a broad network of contacts built up over time.
OUR IMPACT
We are involved in re-forestation projects worldwide, as part of our bet on sustainability.
€300 million
Assets Under Management
280,000 m2
Total Managed Area
Core | Core + | Value Add
Investment through Managed Accounts, Club Deals, or Investment Funds.
STRATEGIES ADAPTED AND PERSONALIZED FOR OUR INVESTORS
THE COMPANY
We are an independent pan-European Real Estate Investment company. Founded in 2022, we understand the VUCA age as a Valuable, Upbeat, Conscious and Accurate moment for Real Estate Investment.
In accordance with the investor’s requirements and objectives, we explore opportunities ranging from Core to Opportunistic, leveraging significant expertise in long-term income-based investments. Our specialization includes a focus on Sale & Lease Back acquisition processes and value-added structures.
OUR MISSION
As the roe deer “Corzo”, we move in continuous expansion throughout Europe, with great adaptability to the environment and the ability to find alternative paths for our investors and partners in our natural habitat, Real Estate Investment.
The international character of our team is our greatest strength. With in-depth knowledge of the main European markets, and with a network of contacts forged over decades, we can guarantee advice and service like at home in Spain, France, Germany, UK, and Portugal.
SERVICES
We understand our global mission as the succession of the following steps:
INVESTMENT AND FUND MANAGEMENT
INVESTMENT AND FUND MANAGEMENT
ASSET & PROPERTY MANAGEMENT
ASSET & PROPERTY MANAGEMENT
DIVESTMENT MANAGEMENT
DIVESTMENT MANAGEMENT
EXECUTION OF INVESTMENTS AND THEIR FINANCING
BUSINESS AREAS
Investment through Managed Accounts, Club Deals and Investment Funds.
Business Areas: Core, core +, and value add investments in:
OFFICE

Prime CBD locations with solid fundamentals and adapted to the new occupier standards.
LOGISTICS & INDUSTRIAL

Main logistics hubs and light industrial warehouses including sales & leasebacks.
RETAIL

Retail parks and retail warehouses, assets with growing demand from occupiers due to the reduced cost and high flexibility.
HEALTHCARE & EDUCATION

Diversified portfolio opportunities representing long-term security for investors.
MANAGEMENT AND OPTIMIZATION OF
PORTFOLIOS ADAPTED TO ESG
POLICIES
OUR CLIENTS & PARTNERS
We build long-term relationships based on trust and commitment creating tailormade solutions for our clients.
Over 20 years developing partnership strategies with financial institutions, lawyers, service providers, technical and accounting companies around Europe.

EXPERIENCE IN MANAGING REAL
ESTATE FUNDS AND PORTFOLIOS
OUR TEAM

Ricardo Werth
Co-Founder &
Managing Partner
[email protected]
Ricardo is one of two founding partners of Korzo IM.
Ricardo has more than 25 years’ experience in European CRE investment and asset management. He has personally overseen transactions valued at more than €2 billion. Prior to co-founding Korzo, he was Managing Director of a well-known Spanish family office, where he oversaw the development and implementation of the European real estate investment program. Previously, he worked at CBRE Spain from 2001 to 2019, during most of which time he was Head of Investment/Fund Advisory and Member of the Executive Board. Ricardo is originally from Germany and holds a BA from Cunef University (Spain).

Guillaume Sainpy
Co-Founder &
Managing Partner
[email protected]
Guillaume is one of two founding partners of Korzo IM.
Guillaume has more than 20 years’ experience in European and Latin American CRE investment and asset management. He has personally overseen transactions valued at more than €500 million. He founded independent investment management firm Iremcap in 2017 and merged its activities with Korzo, which he co-founded in 2022.
Prior to founding Iremcap, he was Managing Partner at LTDA (Uruguay) and Corporate & Investment Manager at AOS Studley (Madrid). Originally from France, Guillaume holds an MBA from the University of Deusto (Spain) and a BA from IPAG Business School (France).

Jesús Tabuyo
COO | Director of Asset &
Property Management
[email protected]
Jesús is COO and leads our Property Management & Asset Management departments.
Jesús has more than 25 years’ experience in business management, administration, finance, accounting and real estate asset management. Prior to joining Korzo, he was the CEO and sole administrator of a well-known Spanish family office, where he personally oversaw a real estate portfolio exceeding €200 million. In the same position, he served as president of a SICAV and sat on the boards of companies in a wide range of industries. Prior to that, he was Head of Accounting at Sacyr, one of Spain’s leading construction companies. Jesús holds a BA from the Complutense University of Madrid.