Our approach to real estate investment

We focus on targeted locations and sectors, developing a deep knowledge of local markets, building strong relationships with key players and providing access to selected real estate opportunities.

Our team’s technical expertise combined with environmental, social and governance (ESG) integration,* allows us to create value for investors in European real estate. We have proven advantages in terms of market access, and in our ability to deploy capital quickly and efficiently.

Potential benefits of real estate strategies

Direct, thematic investors

We are direct investors, utilising our extensive network to source opportunities across real estate equity and debt, at different points on the risk spectrum. Our reputation as a trusted counterparty in the European real estate market means we see a significant volume of “off-market” opportunities. We combine in-house expertise with specialist platforms to create long-term pipeline and scale.

Market reputation and reach

We have over five decades’ experience in UK and European real estate. Our research-led, thematic approach to investing allows us to be disciplined in originating and executing transactions, in opportunities we believe will deliver the best risk-adjusted returns for our clients. Rigorous relative value analysis is an essential part of our portfolio construction process.

Responsible investment solutions

Our award-winning product suite and investment capabilities provide our clients with access to responsible investment solutions.  We have pioneered proprietary tools, such as our Sustainable Transition Loans framework, to ensure responsible investment is truly embedded at the heart of our investment process for both debt and equity.*

*ESG integration means the integration of ESG factors and consideration of sustainability risk as part of the investment decision making process. This process is applied beyond any specific binding constraints (in the objective or strategy of the fund as detailed in the prospectus or investment management agreement and in accordance with our Baseline Exclusions Policy). The investment manager retains discretion on decision making taking all risks into account, beyond any binding criteria.

Key risks of real estate strategies

Investment risk

The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency and exchange rates. Investors may not get back the original amount invested.

Real estate risk

Investments can be made in real estate, infrastructure and illiquid assets. Investors may not be able to switch or cash in an investment when they want to because real estate may not always be readily saleable. If this is the case we may defer a request to switch or cash in shares or units. Investors should also bear in mind that the valuation of real estate is generally a matter of valuers’ opinion rather than fact.

Need more information?

For further information, please contact our investment sales team.

Real estate team

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