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.


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.

Proprietary approach to ESG

As a leader in sustainable real assets, real estate has a critical role to play in contributing to the climate transition, with our ambition to achieve net zero by 2040 and creating a more socially equitable society. 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.

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.

Sustainable real assets in the spotlight

Just when we thought things were returning to normal after the social, economic and market upheaval caused by the pandemic, the events of 2022 presented new challenges for investors. It was in that context in late 2022 that we took the pulse of key investment decision makers at 500 institutional investors representing a combined $3.5 trillion of assets on their appetite for real assets, including those with a sustainable focus. Read the results in our Real Assets Study 2023.


Find out more

Need more information?

For further information, please contact our investment sales team.

Real estate team

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