Brunswick Real Estate Ventures has launched a pan-European investment company, Europi Property Group, focusing on value-add and opportunistic deals across all sectors. Launched in September, the initiative builds upon several successful investments in Spain, Belgium and the UK over the past five years, which have all been done in separate structures. Europi Property Group (‘EPG’) will invest alongside local asset management partners and is structured as a private investment company rather than a closed-ended fund.
To lead the new initiative, Brunswick has hired Jonathan Willén as CEO. Jonathan joins from Blackstone in London, where he was a Principal in their European real estate private equity group and has extensive experience across multiple countries and sectors. Jonathan started his career in investment banking in London in 2009 and builds upon a broad industry network and institutional real estate experience. EPG’s team will be based in London and Jonathan comments “It’s incredibly exciting to launch EPG and we have all the ingredients to create a really successful European real estate investment company. We already have a large deal pipeline across Europe, which we’re working on alongside an excellent network of local partners”.
Willem De Geer, CEO of Brunswick Ventures and chairman of the board of EPG, has lead Brunswick’s European transactions to date and has been instrumental in launching the company. Willem comments “We continue to see really compelling deals across Europe. To work alongside local partners, focusing on markets we find the most interesting (currently the UK) and build a real estate investment company with a really talented CEO fits our investment philosophy very well”.
KCRE is currently working on several transactions with EPG, including the purchase of a Residential portfolio in Catalonia and another investment opportunity concerning an office complex in Madrid and Barcelona. «EPG’s objective in Spain and Portugal is to carry out two to three investment transactions of over 30 million euros in the next two years» said Pelayo Primo de Rivera, managing partner of KCRE.
KCRE is a real estate asset management company created in 2012 by the investment firm Kefren Capital. KCRE offers investors the full range of services required for a real estate transaction: sourcing, analysis, financing structuring, deal negotiation and asset management. What differentiates KCRE from other platforms is its ability to co-invest and its investment philosophy – assets are managed from the perspective of the owner and not simply as a third-party manager. Over the last 4 years, the company has closed over 225,000 sqm in real estate transactions in Spain.