Natixis Investment Managers’ AEW real estate arm announced on Thursday 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 €4.5 bn worldwide real estate debt under management, AEW has over €2.5 bn in Europe which is managed on behalf of third parties across seven funds and mandates.
‘This transaction is in line with our ambition to position AEW as a major global player in real estate debt management,’ said Raphaël Brault, head of Institutional Business at AEW. ‘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, had 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.’
