During the first semester 2016, Amundi Real Estate carried out €956 million of acquisitions in real estate funds and mandates, with 70% in France and 30% in other countries, mainly Germany and the Netherlands.
The investments were made solely in commercial real estate with 88% in office property assets and 12% in retail outlet property.
Example of a major acquisition during the first half of 2016:
Acquisition of a 68,000sqm. complex of office buildings at 139 Wilhelminakade in Rotterdam, “De Rotterdam” in June 2016. With its three interconnected mixed-use glass towers, a height of 150m, the complex built in 2013 is designed as a vertical city, as wide as a football pitch, with 68,000sq.m. of office space, a 278-room hotel, shops, restaurants, flats and a 642-space car park.
Designed by the architect Rem Koolhaas, the complex is used by 5,000 people a day. It stands at the cutting edge of energy-efficient buildings with an on-site generation system, water from the adjacent Maas river used for cooling, automatic daylight and motion control, and efficient elevators using energy recovery.
De Rotterdam was awarded Best Tall Building in Europe by the Council on Tall Buildings and Urban Habitat (CTBUH) in Chicago in 2014.
Photo credit: Rotterdam Image Bank
Amundi Real Estate is Amundi's management company specialising in developing, structuring and managing property funds for private investors, private banks and their distributors, institutional investors, large companies and real estate professionals. N°1 in terms of fund-raising for SCPI and retail OPCI (IEIF – March 2016) and N°1 in SCPI and OPCI management in France in terms of asset under management (IEIF – March 2016). Amundi Real Estate has € 12.9bn assets under management*.
Amundi Real Estate is a subsidiary of Amundi Group.
*Pro forma data for Amundi Immobilier at 31 December 2015
Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10 globally. It manages more than 1.470 trillion euros of assets across six main investment hubs. Amundi offers its clients in Europe, Asia-Pacific, the Middle East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes. Clients also have access to a complete set of services and tools. Headquartered in Paris, and listed since November 2015, Amundi is the 1st asset manager in Europe by market capitalization.
Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.
Amundi. Confidence must be earned.
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