{"id":64016,"date":"2017-06-27T01:17:00","date_gmt":"2017-06-26T23:17:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/swiss-life-asset-managers-focuses-on-european-retail-and-launches-a-new-real-estate-fund-dedicated-to-institutional-investors\/"},"modified":"2017-06-27T01:17:00","modified_gmt":"2017-06-26T23:17:00","slug":"swiss-life-asset-managers-focuses-on-european-retail-and-launches-a-new-real-estate-fund-dedicated-to-institutional-investors","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/swiss-life-asset-managers-focuses-on-european-retail-and-launches-a-new-real-estate-fund-dedicated-to-institutional-investors\/","title":{"rendered":"Swiss Life Asset Managers Focuses on European retail and launches a new real estate Fund dedicated to institutional investors"},"content":{"rendered":"<p>Available to distribution since March, 27th, the Fund develops a pan-European strategy,<br \/>\nmainly oriented to Prime retail assets in city centre with an excellent catchment area, as well<br \/>\nas Core regional assets in France and Germany.<\/p>\n<p>The Fund aims at building a diversified portfolio with a large part dedicated to both France<br \/>\nand Germany, with a possible diversification in Belgium, Luxemburg, Italy, Spain and<br \/>\nPortugal.<\/p>\n<p>The French portfolio is already partly constituted as \u20ac68 million of acquisitions were recently<br \/>\nachieved or are in progress to be finalized. Thus, 13 ground floor of buildings located in the<br \/>\nheart of Paris in upscale districts (rue de Passy, rue de Rennes\u2026) have been purchased.<br \/>\nOther acquisitions will be soon announced, these French assets forming a solid base for SL<br \/>\nREF (Lux) European Retail SCS, SICAV-RAIF.<\/p>\n<p>Next investments may concern Germany, second pillar of the Fund, several assets being<br \/>\ncurrently analyzed. In this country, the Fund will rely on local teams of Corpus Sireo, one of<br \/>\nthe leading real estate asset managers in Germany, who will carry on a detailed analysis of<br \/>\nlocations and assets.<\/p>\n<p>Lastly the other countries will bring a geographical diversification with High Street assets<br \/>\nlocated in the main shopping streets of metropoles in Spain (Madrid, Barcelona), Italy<br \/>\n(Milano, Turin) or Belgium (Bruxelles, Anvers, Gand) benefiting from a high touristic<br \/>\nattractivity, or a strong primary catchment area.<\/p>\n<p>SL REF (Lux) European Retail SCS, SICAV-RAIF, under Luxembourg law, is managed by<br \/>\nSwiss Life Fund Management (Lux) S.A., an AIFM located in Luxembourg. Swiss Life REIM<br \/>\n(France) acts as an Investment Advisor and a Distributor.<\/p>\n<p>Several strengths of this Fund\u2026.<\/p>\n<ul>\n<li> Swiss Life Asset Managers is a leading real estate investor in Europe<\/li>\n<li> Exposure to European retail thanks to local teams having a strong know-how of their market<\/li>\n<li> Sectoral and geographical diversification<\/li>\n<li> Portfolio partly built with qualitative acquisitions in France<\/li>\n<\/ul>\n<p>\u2026And on the proposed strategy in European retail:<\/p>\n<ul>\n<li> Mix allocation between Prime assets well located in the main European metropoles and regional assets having strong ties to their sector for an optimized yield.<\/li>\n<li> This strategy aims at focusing on retail assets less exposed to ecommerce growth (major brands developing multi-canal strategies or proximity assets)<\/li>\n<li> The metropolization of major European cities drives economic and demographic growth and favours the development of the retail sector<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Swiss Life Asset Managers, Real Estate rounds out its offer for institutional investors with the<br \/>\nlaunch of SL REF (Lux) European Retail SCS, SICAV-RAIF, a new Fund focusing on<br \/>\nEuropean retail.<\/p>\n","protected":false},"author":20,"featured_media":64014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1651,2007,1691,2240,1952],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/64016"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=64016"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/64016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/64014"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=64016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=64016"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=64016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}