10 June 2021
AEW announces that it has fully integrated the European real estate debt platform it launched almost 10 years ago in a 50/50 partnership with Ostrum Asset Management. This is in line with AEW’s strategy to strengthen and grow its global real estate debt platform to better service a growing demand from clients who increasingly want a single global offering from investment managers.
AEW’s newly expanded European real estate debt platform comprises 10 experienced professionals and is led by Cyril Hoyaux, Head of Debt Funds and Mandates.
Of its c. €4.5bn worldwide real estate debt under management, AEW has over €2.5 billion in Europe which is managed on behalf of third parties across seven funds and mandates.
Raphaël Brault, Head of Institutional Business at AEW, commented: “This transaction is in line with our ambition to position AEW as a major global player in real estate debt management. Private real estate debt is one of our strategic areas of development as we respond to growing investor appetite for yield and exposure to the real economy on a global basis.”
Cyril Hoyaux, Head of Debt Funds and Mandates, commented: “The consolidation of our real estate debt activity under one umbrella within AEW will allow us to accelerate our growth strategy. Having more than doubled our assets under management in debt over the past three years, this transaction will enable us to better service our clients and expand the range of investment strategies and solutions we are able to offer, while remaining extremely selective and attentive to major trends in the real estate market.”
ABOUT AEW
AEW is one of the world's largest real estate asset managers, with €72.8bn of assets under management as at 31 March 2021. AEW has over 770 employees, with its main offices located in Boston, London, Paris and Hong Kong and offers a wide range of real estate investment products including comingled funds, separate accounts and securities mandates across the full spectrum of investment strategies. AEW represents the real estate asset management platform of Natixis Investment Managers, one of the largest asset managers in the world.
As at 31 March 2021, AEW managed €35.7bn of real estate assets in Europe on behalf of a number of funds and separate accounts. AEW has over 430 employees based in 12 locations across Europe and has a long track record of successfully implementing Core, Value-Add and Opportunistic investment strategies on behalf of its clients. In the last five years, AEW has invested and divested a total volume of €21bn of real estate across European markets.
For more information, please contact:
Saïda Grosvalet
+33 (0)1 78 40 92 10
communication@eu.aew.com
FTI Consulting
Richard Sunderland/Claire Turvey
+44 (0)20 3727 1000
aew@fticonsulting.com