Switzerland, September 2017 – Aventicum Real Estate, a real estate investment management boutique within Aventicum Capital Management, has successfully closed the fundraising of AQS Real Estate Partners Europe L.P. (the “Fund”), a fund focused on real estate investments in Europe.
The Fund held its final closing on July 10, 2017 (the “Final Closing Date”), securing close to EUR 350 million of capital commitments from a diverse base of investors. The Fund is focused on making real estate investments in select markets in Europe that offer significant opportunities for value enhancement or that are markedly mispriced, and that, through active asset management, are expected to generate for the Fund superior risk-adjusted returns, combining a balance between income yield and capital appreciation upon realisation.
On the Final Closing Date, more than 60% of the Fund’s capital commitments had already been committed to or invested in seven different investments across Europe, all of which are on track to generate the Fund’s targeted returns.
Shortly following the Final Closing Date, the Fund completed the sale of two of its existing investments, comprised of 20 residential properties and 975 apartment units located mainly in the Randstad area of the Netherlands.
Christophe Tanghe, Senior Principal of Aventicum Real Estate, comments: “We are very excited to welcome our limited partners to the Fund and thrilled with the successful sale of two of the Fund’s existing investments, which allowed us to already return to our limited partners 25% of the aggregate capital that they have committed to the Fund. The Fund’s remaining investments are in aggregate performing or ahead of business plan and, through our pro-active origination effort, we continue to work on a robust pipeline of investment opportunities.’’
Notes to Editors
About Aventicum Real Estate
Aventicum Real Estate is one of four independently-run asset management businesses that form Aventicum Capital Management, a global, multi-boutique asset management joint venture between Credit Suisse and Qatar Investment Authority (QIA). It combines entrepreneurial investment management with the institutional strength and governance of Credit Suisse and the long-term capital support of QIA. Operating from offices in Zurich and London, Aventicum Real Estate provides real estate investment solutions to institutions, family offices and private individuals. The senior members of the Aventicum Real Estate team combine more than 120 years of real estate experience in Europe and broad industry relationships, offering investors proven capabilities to originate, execute and manage complex real estate investments across property types, geographies and investment strategies.
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