{"id":2504,"date":"2022-08-07T20:49:00","date_gmt":"2022-08-07T18:49:00","guid":{"rendered":"https:\/\/www.weinbergcapital.com\/?post_type=expertises&#038;p=2504"},"modified":"2026-06-22T15:06:15","modified_gmt":"2026-06-22T13:06:15","slug":"real-estate","status":"publish","type":"expertises","link":"https:\/\/www.weinbergcapital.com\/en\/expertise\/real-estate\/","title":{"rendered":"Real Estate"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Real Estate team is investing in real property assets (value-add, core and separate accounts). The team has strong asset and development expertise to transform assets of all sizes.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_d2115146fda4d46061de44bec7765ccf\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Our investment strategy<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">Value Add<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p class=\"wp-block-paragraph\">The WREP#3 fund is fully invested. Its approach has consisted in selecting, within the Paris market, obsolete assets with prime locations that no longer meet occupier expectations and have lost all liquidity, and transforming them into contemporary assets.<br><br>Our value-add investment philosophy rests on three pillars: a strong investment culture, a repositioning expertise rooted in a deep understanding of occupier needs, and a unique vision developed for each individual asset.<br><br>In February 2023, the fund was awarded the ISR label (French Socially Responsible Investment certification). As such, every project we study must meet ESG criteria either in its core real estate fundamentals or through the refurbishment works we undertake.<br><br>Once transformed, all our assets are fully aligned with current occupier expectations, capitalising on exceptional rooftop spaces with outstanding views, wellness-focused amenities (gym, cafeteria, etc.), and more.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_2e6f6e07a4277e9109c627e0077ed3d2\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Our investment strategy<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">Core<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p class=\"wp-block-paragraph\">As part of our core operations, we have developed the senior residences business as a long-term investment. This strategy is extending across the country as investment opportunities arise.<br><br>Our OPPCI, Capital Pierre Seniors Services, represents 75 million euros of equity.<br><br>Our OPPCI comprises a total of four senior residences. They are located in Marcq-En-Barouel (Hauts-de-France), Melun (Ile-de-France), Rueil-Malmaison (Ile-de-France) and Vannes (Bretagne).<br><br>A new product with core strategy is currently under consideration to meet the demand facing new real estate challenges.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_fd892ba48322fcbb3d824a8b7346e531\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Our investment strategy<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">Separate Accounts<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p class=\"wp-block-paragraph\">In the separate accounts business, we develop and manage assets on behalf of third parties. This strategy consists of meeting the needs of clients who have approached us with a specific issue, and offering them assets that match their strategy. Depending on the project, we also execute business plans.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_655d31f6533d9d179ef1fd2fd27161ff\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Approach<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">Understanding tenant requirements<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p class=\"wp-block-paragraph\">Current real estate market conditions are directing us towards the creation of club deals targeting undervalued core assets, enabling swift value arbitrage following improvements that do not require heavy capital expenditure.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_ee8c1b2fe5d503bafc9cdce0fb354fe0\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Investment criteria<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">Rigorous approach to entry values, no compromises when it comes to real estate fundamentals, with a focus on liquidity<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p class=\"wp-block-paragraph\">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\u2019s 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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our ties with the company\u2019s private equity teams, and their expertise in LBO and impact investing, also means that we can unlock synergies and effectively analyse \u201copco\/propco\u201d 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).<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_8e3ad3929dc463db8b3605a2fcd118c2\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Investment criteria<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">A necessary vision and active management<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p class=\"wp-block-paragraph\">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 \u201cproduct\u201d vision, 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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time, as an asset management company approved by the Autorit\u00e9 des March\u00e9s Financiers (AMF, the French securities regulator), our multi-sector expertise positioning give us a deep understanding of key macroeconomic trends.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-focus-block_183bffec9662c05ce0509a666234184c\" class=\"block-custom-acf block-focus\">\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"section-pt-3 section-pb-3 max-w-1200 mx-auto bg-brown c-white\">\n                <div class=\"container max-w-880 mx-auto\">\n                  <h2 class=\"section-title small font-light\">ESG best practices<\/h2>\n                  <div class=\"section-body section-mt-3\">\n\n                    <div class=\"editor-text font-bold\">All the transformation projects we undertake result in tangible improvements in terms of environmental criteria and building performance by working to obtain labels and certifications.<\/div>\n                    <div class=\"editor-flex i1 d-flex flex-wrap justify-start items-stretch\">\n                                                <div class=\"editor-flex--item\">\n                            <div class=\"editor-text font-light\">MOJO<br \/>\r\n&#8211; Environmental certification: BREEAM Very Good<br \/>\r\n&#8211; Quality of life at work label: OsmoZ (Certiv\u00e9a)<br \/>\r\n&#8211; WiredScore digital connectivity certification<\/div>\n                          <\/div>\n                          <div class=\"editor-flex--item\">\n                            <div class=\"editor-text font-light\">NAVARIN<br \/>\r\n&#8211; Environmental certifications: BREEAM Very Good, B\u00e2timent Basse Consommation<br \/>\r\n&#8211; Quality of life at work label: OsmoZ (Certiv\u00e9a)<br \/>\r\n&#8211; WiredScore digital connectivity certification<\/div>\n                          <\/div>\n                                          <\/div>\n                    <!-- editor -->\n\n                  <\/div>\n                <\/div>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-table-block_a8507762f0fa2b68e539178e1d64c73b\" class=\"block-custom-acf block-table\">\n\n\n            <section class=\"section section-gmt-2 section-pb-1\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">In brief <\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">Investment profile <\/span>\n                <\/h2>\n                                <div class=\"section-body section-mt-3\">\n                  <div class=\"editor-text font-light\">\n                    <table>\n                      <tbody>\n                                                      <tr>\n                                <th class=\"text-left text-uppercase\">TARGET ASSETS<\/th>\n                                <td class=\"text-right\">Office space, residential properties, logistics facilities, hotels, retail space, mixed-use projects, etc.<\/td>\n                              <\/tr>\n                                                          <tr>\n                                <th class=\"text-left text-uppercase\">SPECIALIZATION<\/th>\n                                <td class=\"text-right\">Restructuring and repositioning<\/td>\n                              <\/tr>\n                                                          <tr>\n                                <th class=\"text-left text-uppercase\">GEOGRAPHICAL FOCUS<\/th>\n                                <td class=\"text-right\">France<\/td>\n                              <\/tr>\n                                                          <tr>\n                                <th class=\"text-left text-uppercase\">TARGET INVESTMENT SIZE<\/th>\n                                <td class=\"text-right\">Between \u20ac20 million and \u20ac100 million<\/td>\n                              <\/tr>\n                                                  <\/tbody>\n                    <\/table>\n                  <\/div>\n                  <!-- editor -->\n                <\/div>\n                              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p class=\"wp-block-paragraph\"><em>Photo credit: @Schnepprenou<\/em><\/p>\n\n\n            <\/div>\n        <\/div>\n    <\/div>\n\n    <div id=\"block-listinvests-block_322afe13e0d9cce3597746ebbae14ea7\" class=\"block-custom-acf block-listinvests\">\n\n        \n              <section class=\"section section-gmt-3 section-pb-1 hidden-print\">\n                <div class=\"container max-w-1280 mx-auto\">\n                  <h2 class=\"section-title medium font-light text-center text-uppercase\">Investments<\/h2>\n                  <div class=\"section-body section-mt-4\">\n                                        <div class=\"investment-flex d-flex flex-wrap justify-start items-stretch\">\n                              <div class=\"investment-flex--item\">\n        <div class=\"investment-item p-rel of-hidden js-rollover\">\n          <div class=\"investment-item--image p-rel bg-gray\">\n            <img decoding=\"async\" class=\"w-full h-full obj-cover obj-center\" src=\"https:\/\/www.weinbergcapital.com\/wp-content\/uploads\/2022\/10\/aqueduc-image-lanceur.png\">\n            <div class=\"investment-item--logo p-abs d-flex justify-center items-center bg-white\">\n              <img decoding=\"async\" class=\"w-full h-auto obj-fill obj-center\" src=\"https:\/\/www.weinbergcapital.com\/wp-content\/uploads\/2022\/10\/AA_AQUEDUC_LOGO_CMJN-ai.jpg\">\n            <\/div>\n          <\/div>\n          <div class=\"investment-item--body p-abs d-flex flex-col justify-between items-stretch bg-black c-white\">\n            <div class=\"investment-item--group\">\n              <h2 class=\"investment-item--title font-regular\">Les ateliers de l&#8217;Aqueduc<\/h2>\n              <div class=\"investment-item--summary font-light text-uppercase\">OFFICE BUILDING IN THE 10TH ARRONDISSEMENT OF PARIS.<\/div>\n            <\/div>\n            <div class=\"investment-item--group\">\n              <h2 class=\"investment-item--title font-regular\">Real Estate<\/h2>              <div class=\"investment-item--description font-light\"><strong>Fund:<\/strong> WREP#3 <\/div>\n              <div class=\"investment-item--link\">\n                <a class=\"button medium edge-2 icon-right white outline d-flex justify-between items-center font-medium text-uppercase js-propagation\" href=\"https:\/\/www.weinbergcapital.com\/en\/invest\/aqueduc\/\">\n                  <span>Read more<\/span>\n                  <svg width=\"17\" height=\"17\">\n                    <use xlink:href=\"https:\/\/www.weinbergcapital.com\/wp-content\/themes\/wcp\/assets\/img\/sprites.svg#plus\"><\/use>\n                  <\/svg>\n                <\/a>\n              <\/div>\n            <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n      <div class=\"investment-flex--item\">\n        <div class=\"investment-item p-rel of-hidden js-rollover\">\n          <div class=\"investment-item--image p-rel bg-gray\">\n            <img decoding=\"async\" class=\"w-full h-full obj-cover obj-center\" src=\"https:\/\/www.weinbergcapital.com\/wp-content\/uploads\/2022\/09\/navarin-image-lanceur.png\">\n            <div class=\"investment-item--logo p-abs d-flex justify-center items-center bg-white\">\n              <img decoding=\"async\" class=\"w-full h-auto obj-fill obj-center\" src=\"https:\/\/www.weinbergcapital.com\/wp-content\/uploads\/2022\/09\/Logo_NAVARIN.png\">\n            <\/div>\n          <\/div>\n          <div class=\"investment-item--body p-abs d-flex flex-col justify-between items-stretch bg-black c-white\">\n            <div class=\"investment-item--group\">\n              <h2 class=\"investment-item--title font-regular\">Navarin<\/h2>\n              <div class=\"investment-item--summary font-light text-uppercase\">OFFICE BUILDING IN THE 9TH ARRONDISSEMENT OF PARIS.<\/div>\n            <\/div>\n            <div class=\"investment-item--group\">\n              <h2 class=\"investment-item--title font-regular\">Real Estate<\/h2>              <div class=\"investment-item--description font-light\"><strong>Fund:<\/strong> WREP#3<\/div>\n              <div class=\"investment-item--link\">\n                <a class=\"button medium edge-2 icon-right white outline d-flex justify-between items-center font-medium text-uppercase js-propagation\" href=\"https:\/\/www.weinbergcapital.com\/en\/invest\/navarin\/\">\n                  <span>Read more<\/span>\n                  <svg width=\"17\" height=\"17\">\n                    <use xlink:href=\"https:\/\/www.weinbergcapital.com\/wp-content\/themes\/wcp\/assets\/img\/sprites.svg#plus\"><\/use>\n                  <\/svg>\n                <\/a>\n              <\/div>\n            <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n      <div class=\"investment-flex--item\">\n        <div class=\"investment-item p-rel of-hidden js-rollover\">\n          <div class=\"investment-item--image p-rel bg-gray\">\n            <img decoding=\"async\" class=\"w-full h-full obj-cover obj-center\" src=\"https:\/\/www.weinbergcapital.com\/wp-content\/uploads\/2022\/09\/MoJO-image-lanceur.png\">\n            <div class=\"investment-item--logo p-abs d-flex justify-center items-center bg-white\">\n              <img decoding=\"async\" class=\"w-full h-auto obj-fill obj-center\" src=\"https:\/\/www.weinbergcapital.com\/wp-content\/uploads\/2022\/09\/INLISSA_LOGO_VA-fondblanc.png\">\n            <\/div>\n          <\/div>\n          <div class=\"investment-item--body p-abs d-flex flex-col justify-between items-stretch bg-black c-white\">\n            <div class=\"investment-item--group\">\n              <h2 class=\"investment-item--title font-regular\">MOJO<\/h2>\n              <div class=\"investment-item--summary font-light text-uppercase\">OFFICE BUILDING IN THE 18TH ARRONDISSEMENT OF PARIS.<\/div>\n            <\/div>\n            <div class=\"investment-item--group\">\n              <h2 class=\"investment-item--title font-regular\">Real Estate<\/h2>              <div class=\"investment-item--description font-light\"><strong>Fund:<\/strong> WREP#3<\/div>\n              <div class=\"investment-item--link\">\n                <a class=\"button medium edge-2 icon-right white outline d-flex justify-between items-center font-medium text-uppercase js-propagation\" href=\"https:\/\/www.weinbergcapital.com\/en\/invest\/mojo\/\">\n                  <span>Read more<\/span>\n                  <svg width=\"17\" height=\"17\">\n                    <use xlink:href=\"https:\/\/www.weinbergcapital.com\/wp-content\/themes\/wcp\/assets\/img\/sprites.svg#plus\"><\/use>\n                  <\/svg>\n                <\/a>\n              <\/div>\n            <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n\n                      <\/div>\n                      <!-- investment-flex -->\n                      \n                  <\/div>\n\n                  \n                  <div class=\"section-button section-mt-5 text-center\">\n                    <a class=\"button medium edge-2 icon-right purple outline d-inline-flex justify-between items-center max-w-360 w-full font-medium text-uppercase\" href=\"https:\/\/www.weinbergcapital.com\/en\/investissements\/our-investments-and-assets\/\">\n                      <span>View more<\/span>\n                      <svg width=\"17\" height=\"17\">\n                        <use xlink:href=\"https:\/\/www.weinbergcapital.com\/wp-content\/themes\/wcp\/assets\/img\/sprites.svg#plus\"><\/use>\n                      <\/svg>                          \n                    <\/a>\n                  <\/div>\n                <\/div>\n              <\/section>\n              <!-- section -->\n\n\n\n              \n    <\/div>\n    <!-- block -->\n\n    <div class=\"section\">\n        <div class=\"container max-w-880 mx-auto\">\n            <div class=\"editor-text font-light\">\n    ","protected":false},"excerpt":{"rendered":"<p>The Real Estate team is investing in real property assets (value-add, core and separate accounts). The team has strong asset and development expertise to transform assets of all sizes. The WREP#3 fund is fully invested. Its approach has consisted in selecting, within the Paris market, obsolete assets with prime locations that no longer meet occupier [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-2504","expertises","type-expertises","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/expertises\/2504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/expertises"}],"about":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/types\/expertises"}],"author":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/comments?post=2504"}],"version-history":[{"count":49,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/expertises\/2504\/revisions"}],"predecessor-version":[{"id":24415,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/expertises\/2504\/revisions\/24415"}],"wp:attachment":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/media?parent=2504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}