Europa Capital has launched a €500m pan-European investment strategy seeded by its principal shareholder Mitsubishi Estate.
The fund manager had appointed Andy Watson as a partner to oversee the initiative.
Watson was formerly chief investment officer for continental Europe at LaSalle Investment Management and has been a consultant to Europa since January 2018. He will be based in Paris and oversee a team dedicated purely to the strategy.
Europa will initially target property across all sectors in France, Germany and the Netherlands.
Rob Sim, partner and member of Europa’s executive committee, said: “This initiative is a complementary evolution of the pan-European value-add investment specialism for which Europa Capital has been best known for over 20 years and will further broaden our ability to invest on behalf of our clients in European real estate with a wide range of return profile.”
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