TOP INVESTORS Amundi doubles transaction volume to €3.6b in 2015

European asset manager Amundi Real Estate carried out €3.6 of transactions on behalf of its real estate funds and mandates during 2915.

This doubles the volume of acquisitions/disposals compared to 2014, representing growth of 111%.

Paris-based Amundi Real Estate completed acquisitions totalling over €3.4 bn through 58 deals totalling more than one million m2, and sold more than €153 mln in assets via 21 deals on behalf of the funds it manages.

While over €2.4 bn was invested in France, almost 30% of acquisitions (in volume) were completed in Europe, notably in Germany, the UK, the Netherlands and the Czech Republic. More than 84% of these transactions were in corporate real estate assets (with 79% office property, 18% shops and shopping centres and 3% hotels).

Amundi's top deals include buying Union Investment's €1 bn Aqua pan-European office portfolio from Union Investment and acquiring a mixed-use office/retail building in Prague.

Residential property investments totalled €46 mln. These are solely investments made in France, mainly on behalf of Malraux-type real estate investment trusts or REITs.

Amundi Real Estate’s assets under management increased by 39% to €12.9 bn at end-December 2015, due to the strong growth in transaction volume in 2015, both in France and internationally.

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TOP 100 INVESTORS
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PropertyEU is currently compiling its ranking of Top 100 Investors by European real estate transaction volume in 2015. The ranking is based on a survey questionnaire sent to investors and reports such as above by investors on real estate acquisitions and disposal volumes.

The ranking is published at Mipim in Cannes in March 2016.