INDEPENDENT PAN-EUROPEAN REAL ESTATE INVESTMENT MANAGER
ABOUT KORZO
With a wide expertise in real estate fund and investment management across Europe, we at KORZO IM pride ourselves on our proven track record of success and satisfied clients.
OUR IMPACT
According to our commitment to making the world a better place, we are involved in different re-forestation projects worldwide, as part of our bet on sustainability.
Spain, France, Germany, UK, and Portugal
>230M€
Assets Under Management
>230,000 m2
total managed area
5
Countries
Yield
Institutional capital, family office and high net worth individuals
WALB 6,2
years
years
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]
Founding partner of Korzo IM. Ricardo has 25 years’ experience in pan-European commercial real estate, specialising in prime offices and other commercial spaces in major European capitals…
(Paris, Berlin, Hamburg, Frankfurt, Brussels, Lisbon, Madrid, etc.). He developed and managed several pan-European funds, investing over €2 BN around Europe for renowned Institutional Investors (Blackstone, Deutschebank, etc.).
Originally from Germany, Ricardo has held positions of responsibility within CBRE Spain for 18 years, managing the Capital Advisory department and the Fund Management business, being a member of the Executive Board. He was also Managing Director several years of an Important Spanish family office developing their European Investment Portfolio through a SOCIMI. He also participated in the development of Iremcap.

Guillaume Sainpy
CO-FOUNDER & MANAGING PARTNER [email protected]
After more than 20 years of experience in the Real Estate sector, Guillaume is one of two founding partners of Korzo IM, having previously developed his own company…
Iremcap, specialised in investing as an operating partner for institutional investors, managing their portfolios in Iberia.
Born in France, he completed his international experience working as Director of Investments and Corporate Accounts at AOS Studley (today Colliers) and later managed its own residential and commercial developments in Spain and abroad. Former RICS collegiate and active ULI member.

Iván del Ama
FUND MANAGER [email protected]
After leading his own company, ID Management, a development-consultancy business focussed on cross-border European investment transactions, Ivan joins Korzo IM…
While in Italy he focused in the student sector with Collegiate AC / Proprium where acting as operating partner, he delivered more than 1,500 PBSA beds.
Prior to joining Collegiate Ivan was based in Paris for 7 years where he delivered some 20,000 sqm of office space. Ivan started his career in Spain with Argos PM in 2004 as operating partner of international investors into the retail, office and residential sectors.
Based in Madrid, speaks fluent French, Spanish, English and Italian, as well as German and Swedish at a colloquial level.

Jesús Tabuyo
COO | PM & AM Director [email protected]
Jesus is our COO and leads our PM & AM department, responsible for asset management
with the aim of ensuring to meet our clients’ strategic, financial, and ESG objectives.
With over 25 years of experience, his expertise spans across financial investments, alternative investments, and the real estate sector. He has held positions as Chief Financial Officer and Head of Administration, served as president of a SICAV, and sat on the board of directors of various companies. For almost 20 years, he spearheaded a Family Office as the Sole Administrator, personally overseeing a real estate portfolio exceeding €200 million in development and direct management