Frankfurt-based real estate investment manager Feldberg Capital has acquired Brunswick Property Partners (BPP) in the UK for an undisclosed sum.
BPP is a London-focused, private real estate investment company that invests in low-carbon impact properties with the potential to create long-term real value. They partner with investors ranging from sovereign wealth funds to family offices.
Their expertise includes deal sourcing, analytics and research, asset management, capital structuring, and exit engineering.
Following the acquisition, David Turner and Will Amies, founding partners of BPP, will take over as head of investment and head of business development at Feldberg, respectively.
Rodney Bysh, CEO of Feldberg, commented: ‘Will Amies and David Turner's local presence and their connections to regional markets will help us expand our reach. We will undertake sustainable real estate developments throughout Western Europe, adhering to ESG principles and delivering value to both users and investors.’
David Turner said: ‘The acquisition by Feldberg provides us with the opportunity to apply our expertise to a broader geographical area. Together, we aim to develop the strengthened Feldberg platform into a leading impact-oriented investor in Europe, with the possibility of acquiring additional European asset managers.’
Will Amies added: ‘Since setting up seven years ago, we've built a highly skilled team of ten professionals with experience in creating sustainable value for purpose-driven investors, as demonstrated by our Akoya venture with a portfolio worth over £500 million. This transaction positions us strongly in the market, and as part of Feldberg, we will be even better positioned to seize future market opportunities.’
The acquisition of BPP represents an initial step in Feldberg's strategy of establishing a strong company focused on sustainable real estate developments and investments in Western Europe, primarily Germany, the UK, and the Benelux.
BPP will target sustainable investments across workspace, life sciences, logistics, and next-generation residential properties, with a particular focus on positive environmental impact and the surrounding community.
Feldberg's biggest shareholder, Turkish ESAS Holding, will provide extensive financial support as well as ESG expertise for the conversion of older and less sustainable properties into modern, energy-efficient ones.
