Investment

Capital is our investment

  • Strategy It all starts by understanding our investors, their objectives, existing portfolios, risk appetite and constraints, to develop an action plan and present appealing solutions.
  • Equity Deep relationships with institutional investors, family offices and real estate partners enable us to structure co-investments and joint ventures across compelling real estate transactions.
  • Debt Whether a lender or a borrower, the debt strategy and structure should complement the asset strategy to ensure they can live with the downside.
  • Execution Efficiency of transaction through robust processes, anticipation, intelligent automation and appropriate, proven and tested structures are key.
Investment

Capital is our investment

  • Strategy: It all starts by understanding our investors, their objectives, existing portfolios, risk appetite and constraints, to develop an action plan and present appealing solutions.
  • Equity: Deep relationships with institutional investors, family offices and real estate partners enable us to structure co-investments and joint ventures across compelling real estate transactions.
  • Debt: Whether a lender or a borrower, the debt strategy and structure should complement the asset strategy to ensure they can live with the downside.
  • Execution: Efficiency of transaction through robust processes, anticipation, intelligent automation and appropriate, proven and tested structures are key.
Investment

Capital trends

Transaction volumes are low with investors reluctant to make active mistakes. The denominator effect, attractive fixed income yields on a relative basis and fears of further valuation adjustments are suppressing demand. But markets turn quickly, often once interest rates pivot.

Expertise
Institutions

Many mature pension funds and insurance groups have used the higher fixed income yields to match out their liabilities. Institutions will return when rates fall

Consultants

Risk aversion dominates, larger managers are favoured. Money in motion is rebalancing to alternative/specialist sectors.

Wealth

More willing to deploy capital where there is a strong thematic story and the prospect of relatively higher returns.

REITs

Discounts to NAV and stretched balance sheets for some European companies make REITS willing vendors and a good source of stock.