REAL  ESTATE

Keeping abreast of trends affecting users to better understand their current and future needs is key to making sure that building transformation projects are relevant and helps to identify the specific renovations required as precisely as possible. This principle holds true for all asset types: office space, residential properties, logistics facilities, hotels, retail space, etc.

Society and the way we live are constantly changing, thus giving rise to many opportunities to reposition buildings that have become obsolete. In an environment of uncertainty, it is more vital than ever to return to the fundamentals of supply and demand, by bringing products to market that meet the actual needs of users. Our approach also enhances the resilience of these assets to financial cycles.

Our investment culture leads us to be extremely selective, with a focus on value at the time of acquisition, without ever losing sight of the asset’s liquidity. There are a number of key factors contributing to the success of our acquisitions: a strategy targeting a limited geographic area, a large network of institutional investors and private family offices, credibility, reputation and responsiveness, to name just a few.

Understanding the reasons behind the obsolescence of certain buildings helps us acquire value and put in place a specific repositioning vision to ensure the return to liquidity. Our strategy is therefore resilient and highly effective for our investors in the event of a positive cycle.

Our ties with the company’s private equity teams, and their expertise in LBO and impact investing, also means that we can unlock synergies and effectively analyse “opco/propco” opportunities (separating the property asset from the trading business by transferring the former to a property holding company that leases it back to the operating company).

Our investors place their trust in us due to our ability to source deals outside the market, execute complex repositioning projects and enlist the services of skilled professionals. As experts, we never compromise when it comes to real estate fundamentals. A specific analysis is carried out for each project, involving a “product” vision, the selection of the best architect, a tailor-made marketing strategy and the determination of the appropriate ratio between the cost of works and the return on investment. Our reputation and track record of achievements strengthen our ties with all decision-makers.

Our active management is always in-house and involves our discretionary funds as well as the separate mandates under which our investors are able to take advantage of our expertise and investor culture. In this regard, we offer a combination that is without equal in the French market.

At the same time, as an asset management company approved by the Autorité des Marchés Financiers (AMF, the French securities regulator), our platform and its multi-sector expertise give us a deep understanding of key macroeconomic trends.