AEW sees further growth in Europe; 2017 AUM up 6%

Related Asset Managers

AEW expects further growth in Europe, the company said today as its managed assets in the region rose by 6% in 2017.

As at 31 December 2017, AEW’s Europe assets under management was up to around €28bn from €26bn the year earlier. Including the US and Asian operations, the firm currently manages €60bn of assets globally.

AEW said it completed €4.5bn of transactions in Europe in 2017, including €3.5bn of acquisitions. In 2016, AEW completed €3.8bn of transactions across Europe, of which €3.2bn were acquisitions.

The real estate asset manager said it undertook 231 transactions across Europe during the period, compared with 168 the year earlier, with acquisitions predominantly made in France, Germany, the UK, Italy, Spain and the Netherlands. 

During the period, AEW also raised more than €3bn of new equity for European strategies, which was committed by institutional and retail investors across various funds, separate accounts and club deals, it said.

This amount compares with the €3.3bn of additional capital raised in 2016 for European strategies.

Rob Wilkinson, the 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.”

Related images

  • AEW

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2558

    Asset class: Private Equity.
    Asset region: Global or Swiss.
    Size: USD $5-10m.
    Closing date: 2019-08-20.

  • QN-2559

    Asset class: Multi Assets.
    Asset region: -.
    Size: EUR 15m (may be split into two mandates EUR 7.5m).
    Closing date: 2019-09-06.

  • QN-2560

    Asset class: Private Equity.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

  • QN-2561

    Asset class: Infrastructure.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

Begin Your Search Now