AXA Investment Managers – Real Assets has had a record year in 2015 with €10.8 bn (£8.5bn) of transactions, comprising €5.1bn of equity transactions and €5.7bn of debt investments.
In September 2015, AXA IM – Real Assets led a rebrand to reflect its focus on the four key areas of direct property and infrastructure investments, and private and listed debt.
Out of the €5.1bn, AXA IM – Real Assets made €3.1bn of acquisitions and €2bn of disposals globally.
The UK saw €1.3bn of transactions, comprising over €1bn of acquisitions and €323m of disposals.
Transactions were also made in Germany, southern Europe, France, Switzerland, Benelux, Nordic Regions, Japan and the US.
The company invested in Africa for the first time, where it bought an 18.6% stake in a West African utility company and opened AXA IM – Real Assets’ 14th international office.
Pierre Vaquier, chief executive of AXA IM – Real Assets, said: “We expanded our real estate investment universe, as reflected in our ‘real assets’ rebranding during the year, which led to us closing innovative transactions such as the African infrastructure deal.”
“In 2016, we look forward to building on the progress made over the past year, particularly in the value-add and alternatives spaces, while developing our presence outside of Europe, further immersing ourselves into the US and Asian markets.”
To send feedback, email Shekha.vyas@estatesgazette.com or tweet @ShekhaV or @estatesgazette
