Residential Real Estate
CITY RESI DEVELOPMENTS
Our urban residential development strategy prioritizes reliable developers, proven end-user demand, and the availability of bank financing to support disciplined and scalable execution.
COUNTRY: | Germany, Austria, Spain, Portugal, Benilux, Switzerland |
LOCATION: | 1st Tier cities, locations with proven demand |
STRATEGY: | Value Add, Opportunistic |
TYPE: | Multi-Family, Single-Family, Serviced Apartments |
STRUCTURE: | Equity, Preferred equity, Debt |
KEY CONDITION: | Experienced developer in place |
PERMITS: | In place or to be obtained shortly |
IRR: | > 20% |
TICKET SIZE: | < €10M |
COASTAL RESI DEVELOPMENTS
Our coastal residential development strategy targets projects on first- or second-line waterfront sites in areas with well-developed infrastructure, with a clear focus on prime location quality, permits in place , and readiness to commence construction.
COUNTRY: | Spain, Portugal, Italy |
LOCATION: | First-line waterfront sites with sea views |
STRATEGY: | Opportunistic (New development) |
TYPE: | Multi & Single-Family Communities, Apartments |
PERMITS: | In place or to be obtained shortly |
STRUCTURE: | GP Equity, Acquisition |
IRR: | > 15% |
TICKET SIZE: | < €15M |
Hospitality Real Estate
SMALL HOTELS
Our small hotel strategy focuses on well-located assets in 2d-Tier cities and resort areas with strong local and domestic demand, targeting projects with clear positioning, manageable scale, and the potential for efficient operation without reliance on large brand operators.
COUNTRY: | Spain, Portugal, Italy, Austria |
LOCATION 1: | 2d-Tier cities with strong domestic tourism demand |
LOCATION 2: | Domestic resort areas and ski resorts |
KEYS: | 40-80 |
OPERATOR: | No |
STRATEGY: | Value Add |
STRUCTURE: | Acquisition |
TICKET SIZE: | < €7M |
CITY HOTELS
Our city hotel strategy targets assets in key urban markets, either operating under a lease agreement or suitable for renovation, repositioning, and a potential change of operator, with a focus on enhancing operating performance and long-term value.
COUNTRY: | Spain, Germany, Austria, Portugal, Belgium, Italy, Switzerland |
CITY 1: | Madrid, Barcelona, Lisbon, Milan, Vienna, Munich |
CITY 2: | Porto, Brussels, Zurich, Hamburg, Valencia, Malaga |
CITY 3: | Other cities depending on current tourism demand |
KEYS: | > 100 |
STRATEGY 1: | Core (NNN lease, >10 years) |
STRATEGY 2: | Value Add (Reconstruction) |
STRUCTURE: | Acquisition, GP Equity |
YIELD: | > 5.5% |
TICKET SIZE: | < €100M |
RESORTS
This strategy focuses on underperforming resort hotel assets in high-demand international leisure destinations, unlocking value through comprehensive renovation and a strategic operator transition, while capitalizing on destination-driven demand and seasonal upside.
COUNTRY: | Spain, Portugal, Italy |
LOCATION: | First and Second-line waterfront sites with sea views |
KEYS: | > 80 |
OPERATOR: | No |
STRATEGY: | Value Add, Core+ |
STRUCTURE: | Acquisition |
TICKET SIZE: | > €30M |
Office Real Estate
PRIME OFFICES
We target core prime office properties located in the most established and resilient business districts. The strategy is built around long-term leases with high-quality tenants, ensuring stable income and long-term value protection.
COUNTRY: | Spain, Portugal, Germany, Austria, Italy, France |
LOCATION: | Metropolitan regions, very good to good micro- and macro-locations |
STRATEGY: | Core, Core+ |
CONTRACT: | Long Term Lease |
TENANCY: | Single/Multi- Tenant |
YIELD: | > 6.5% |
TICKET SIZE: | < €20M |
Retail Real Estate
SHOPPING MALLS
This strategy focuses on underperforming resort hotel assets in high-demand international leisure destinations, unlocking value through comprehensive renovation and a strategic operator transition, while capitalizing on destination-driven demand and seasonal upside.
COUNTRY: | Germany, France, Spain, Portugal, Belgium, Italy, Austria |
LOCATION: | Prime urban and regional retail locations |
STRATEGY: | Value Add, Core+, Core |
AREA: | > 7000 sqm |
TENANCY: | Single/Multi-Tenant |
YIELD: | > 7.0% |
TICKET SIZE: | < €100M |
PBSA & Flex Living
STUDENT RESIDENCES
Our PBSA strategy focuses on high-demand university cities with growing student populations and structurally limited supply. We prioritize well-located assets with strong transport connectivity and proximity to major campuses to ensure resilient occupancy and stable long-term income.
COUNTRY: | Spain, Portugal, Italy |
LOCATION: | Prime university cities and established student submarkets. |
ROOMS: | < 70 |
STRATEGY: | Value Add, Core+ |
STRUCTURE: | GP Equity, Acquisition |
OPERATOR: | Yes |
IRR: | < 18% |
TICKET SIZE: | < €15M |
Industrial Real Estate
DATA CENTERS
We target core prime office properties located in the most established and resilient business districts. The strategy is built around long-term leases with high-quality tenants, ensuring stable income and long-term value protection.
COUNTRY: | All Europe |
LOCATION: | Prime and emerging European data center markets. |
STRATEGY: | Opportunistic (New Development), Value Add |
SCALE: | 10–100+ MW IT capacity with expansion potential |
PERMITS: | Secured grid access, advanced permitting status |
TENANCY: | Pre-leasing or anchor commitments from creditworthy tenants. |
STRUCTURE: | GP, LP Equity |
IRR: | > 15% |
TICKET SIZE: | €5M - €50M |
SOLAR FARMS
Our solar strategy focuses on assets located in high-irradiation regions with strong and predictable generation profiles. We selectively target markets characterized by elevated power price levels, limited available capacity, and constrained permitting or grid allocation frameworks, where scarcity dynamics and supportive regulation underpin long-term revenue visibility and attractive risk-adjusted returns.
COUNTRY: | Spain, Portugal, Italy, Germany |
LOCATION: | High-irradiation regions with favorable climatic conditions and strong power price environments |
STRATEGY: | Opportunistic (New Development) |
PERMIT & LICENCE: | In place |
STRUCTURE: | GP, LP Equity |
IRR: | > 20% |
TICKET SIZE: | < €5M per project |
Logistics Real Estate
WHAREHOUSES
Our logistics strategy targets high-quality logistics assets across Europe, with a clear focus on strategic locations, strong transport connectivity, and close proximity to major consumer markets. We invest selectively in assets that meet our return criteria, combining prime positioning with operational efficiency to generate stable income and compelling long-term value.
COUNTRY: | All Europe |
LOCATION: | Pan-European, targeting prime logistics locations with strong connectivity to transport infrastructure and end markets. |
STRATEGY: | Core, Core+, Value Add |
STRUCTURE: | GP equity, Acquisition |
TENANCY: | Single Tenant |
CONTRACT: | NNN lease (>10 years) |
YIELD: | > 6.5% |
TICKET SIZE: | < €20M |