Investment manager Europa Capital has appointed Andy Watson as a partner of its business to progress a long-term income investment initiative in pan-European real estate.
The initiative is currently seeded with capital from Europa Capital’s principal shareholder, Mitsubishi Estate, and along with capital from other institutional investors, has an investment target of €500 million ($588 million). The investment program commenced in 2017 with the acquisition of a multi-let office in Germany and further acquisitions are currently in due diligence. The program is intended for institutional investors from Europe, Asia and the Americas.
Watson, former CIO for Continental Europe at LaSalle Investment Management, has been a consultant to Europa since January 2018 and brings with him considerable experience in providing diversified long-term income to institutional investors. Sourcing appropriate properties in the main property sectors will initially be focused on France, Germany and the Netherlands.
