Aventicum Real Estate

Aventicum Capital Management operates as a multi-boutique, global asset management business, initially established in 2013 as a strategic partnership between Credit Suisse and the Qatar Investment Authority. The firm connects capital with opportunity across Gulf and international markets, functioning as an independent, partner-led platform structured to align with the priorities of sophisticated investors. Aventicum Real Estate, a dedicated real estate investment management platform, was initially affiliated with Credit Suisse and the Qatar Investment Authority, and is now fully owned by UBS AG. The company works with institutional investors, qualified individuals, and family offices globally, providing real estate investment solutions primarily across Europe from its offices in Zurich, London, and Amsterdam.

Aventicum Real Estate focuses on value-add real estate strategies throughout Europe. The firm's approach involves acquiring undermanaged properties at compelling entry values in desirable locations, with the intention of enhancing their value through proactive asset management. The company also undertakes selective (re)development of real estate projects to address unmet occupier demand, aiming for superior yields. Aventicum Real Estate seeks to generate attractive risk-adjusted "value-add+" returns, utilizing targeted gearing of up to 65% loan to value. The firm primarily invests through the Aventicum Funds, a series of Pan-European value and value-add funds, and also manages separate account mandates for clients with specific investment strategies.

The senior team at Aventicum Real Estate combines deep expertise in the GCC region with extensive global institutional experience, supported by an independent board with deep roots in international banking and Gulf-market innovation. The senior members of the Aventicum Real Estate team collectively average over 30 years of real estate experience across Europe, spanning various real estate cycles, investments, divestments, operations, and capital markets. Led by Senior Principal and Managing Director Christophe Tanghe, the team's broad industry relationships enable the company to originate, execute, and manage complex real estate investments across diverse property types and geographies.

Purpose-built student accommodation (PBSA) has emerged as a key focus within Aventicum Real Estate's living sector strategy. The firm has identified student housing as a sector likely to offer strong growth prospects, particularly in European markets where new supply has been insufficient to meet demand driven by continued urbanization. In March 2021, Aventicum Real Estate made its initial investment in the UK student accommodation sector by acquiring eight student residences from Unite Students for £138.2 million. This portfolio, comprising 2,281 beds across regional university cities such as Coventry, Wolverhampton, Birmingham, Exeter, and Manchester, provides affordable accommodation predominantly for domestic students. The company plans to invest an additional £21.0 million to enhance the common and private areas of these residences, aiming to improve operating performance and investment value. Host, a specialist in student housing, was appointed as the property and development manager for this portfolio. Furthermore, in September 2021, Aventicum Real Estate expanded its PBSA activities by forming a joint venture with CA Ventures to develop student accommodation assets across Italy, commencing with a 540-bed project in Milan.

Aventicum Real Estate's investment strategy extends beyond student housing to encompass the broader living sector, including multifamily and for-sale residential properties. The firm also selectively considers investments in the hospitality and office sectors, alongside opportunities in debt recapitalisation and other distressed investments. The company's focus on European housing markets is underpinned by its belief that these markets will continue to