Avignon Capital expands into Australia’s office, hotel markets

Avignon Capital, the European property investment firm and asset manager, has received a new mandate to invest in Australia, where it will focus on office real estate and hotels. Having previously invested exclusively in Europe, Avignon Capital will target Sydney, Melbourne and Brisbane, where it is looking to expand its network.

Avignon Capital had its most successful financial year to date, with 18 acquisitions and seven disposals across Europe totaling a record €565 million ($670 million) in deal volume. Disposals have included a number of triple-digit returns, such as the sale of its Copenhagen retail portfolio, which secured a 154 percent return on equity.

Despite the uncertain political and economic environment, Avignon Capital has strengthened and diversified by expanding into the Netherlands, entering the hotel market and opening an office in Berlin.

Australia’s stable macroeconomic and investment climate makes it an ideal destination for Avignon Cap