IPE-QUEST – A family office is looking for an investment manager to run a €200m Spanish real estate portfolio, using IPE-Quest.
The portfolio will be made up of office and high street retail in Barcelona and Madrid.
According to IPE-Quest search QN1371, the mandate will cover investment, asset management, property management, accounting and reporting services.
The search is being conducted by a family office in Germany.
The family office is looking for a strategic asset management partner in Spain using a growth style and an active process.
It prefers references about the management quality, investment track record and case studies about the asset management expertise.
There are no minimum requirements for the manager’s assets under management, but the absolute minimum track record is two years, with a preferred minimum of five years.
Respondents should state performance to 30 September, net of fees.
The closing date for responses is 10 January 2014.
Meanwhile, the search is on for an investment manager to run a $500m (€366m) US real estate portfolio on behalf of a family office.
According to search QN1370, the portfolio will be made up of office, retail and residential in WashingtonDC, San Francisco, Houston, Boston, Seattle and Austin.
The family office is looking for a strategic partner using a core style and an active process.
The mandate will cover investment, asset management, property management, accounting and reporting services.
The search is being conducted by a family office in Germany.
There are no minimum requirements for the manager’s assets under management, but the absolute minimum track record is three years, with a preferred minimum of five years.
Respondents should state performance to 30 September, net of fees.
The closing date for responses is 10 January 2014.
The IPE.com news team is unable to answer any further questions about IPE Quest tender notices to protect the interests of clients conducting the search. To obtain information direct from IPE Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email jayna.vishram@ipe-quest.com.