AEW said on Thursday that it completed €4.5 bn of transactions in Europe in 2017, including €3.5 bn of acquisitions.
Assets under management increased by 6% during the year to reach around €28 bn as at 31 December 2017. Including the US and Asian operations, the firm manages approximately €60 bn of assets globally.
AEW undertook 231 transactions across Europe, with acquisitions predominantly made in France, Germany, the UK, Italy, Spain and the Netherlands.
During the course of the year, AEW also raised more than €3 bn of new equity for European strategies, which was committed by institutional and retail investors across various funds, separate accounts and club deals.
Rob Wilkinson, European CEO, said: '2017 was a year of further growth for our European platform as well as operational consolidation following the merger with Ciloger. We had another strong year in terms of transactions volumes and capital raising and we plan to further develop our footprint across Europe in 2018.'
AEW has over 600 employees, with its main offices located in Boston, London, Paris and Hong Kong. The company is the real estate asset management platform of Natixis Investment Managers.
See also Rob Wilkinson's forecast for 2018 which features in the January/February edition of PropertyEU Magazine
