Daniel Gorzawski, the former head of Harrison Street’s European business, has set up a European private equity real estate investment platform to target life sciences, innovation and living sectors.
Founding partner Gorzawski has launched Westwind Capital and will act as CEO of the new company which aims to “deliver value-add and opportunistic returns” from investments across major European markets and primarily in the UK, Ireland, France, Spain, and Germany.
Westwind Capital is mainly expected to undertake direct investments working in joint ventures with operating partners and developers but will consider all entry points including through debt and special situations.
The company will target life sciences and innovation real estate and the living sectors, including purpose-built student accommodation, build-to-rent residential, micro-living and co-living.
Prior to founding Westwind Capital, Gorzawski built Harrison Street’s European platform as its first employee and head on the continent between 2015 and 2020.
Before joining Harrison Street, Gorzawski spent nine years at AIG Global Real Estate, latterly as a managing director.
Gorzawski said: “While investor interest in specialist residential and, more recently, life sciences asset classes has grown considerably over the past few years, these sectors are still far from mature and benefit from the central theme of chronic undersupply.
Furthermore, I believe the living sectors are extremely well-positioned to provide inflation-hedging qualities through strong demand-supply imbalances and shorter leases.”
“From my conversations with investors over the past year, I am confident that there is clear demand for a new, nimble and expert investment platform that can provide them with access to these asset classes across Europe.”
Gorzawski said Westwind Capital has a healthy pipeline of transactions, strong investor support for its investment strategy and a number of high-profile senior hires in the pipeline.
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