Real Estate investment has solid fundamentals that can help investors seize opportunities arising from fast-growing trends in offices, retail or logistics.
The current disruption due to the COVID-19 pandemic has occurred in a healthy leasing market for logistics and offices in Europe, with an office vacancy rate that is on average lower than before the Great Financial Crisis.
Despite a rise in the third quarter of 2020, office vacancy rates remain at low levels in the central business districts of the main European markets, limiting the impact on rents. Low interest rates should support the recovery, starting from high-risk premiums on European prime real estate yields. Finally, the ongoing repricing calls more than ever for a focus on core high-quality assets and portfolio diversification.
A genuine tier one property fund manager
Properties in Europe1
Rocket Tower, Berlin, Germany
Majunga Tower, Paris La Défense
Amundi’s pan-European diversification strategy for property management relies on over 40 years of expertise and on local partnerships with experts in several countries. We are therefore able to build the local ecosystems we need for the acquisition and management of our property assets. European real estate markets are diverse enough to provide opportunities that depend upon the economic situation, prospective, and major events that occur locally.
With its fundraising power, Amundi has the ability to take part in Europe’s major real estate transactions, with over Eur2bn invested every year on average. Around 50% of these investments are carried out in France, while the other half is carried out across a selected number of European countries including France, Germany, the United Kingdom, Italy, the Czech Republic, the Netherlands and Luxemburg.
Office buildings represent nearly 70% of our assets under management, but our diversification strategy leads us to cover all segments of the real estate market, from hotels through to warehouses and to commercial buildings.
Hekla Tower, Puteaux, France
Amundi is the European leader in office real estate*, and Amundi Real Estate ranks number one in France for the fundraising and management of property assets for retail clients (SCPI and OPCI).
Our institutional clients favour our ability to provide them with easy access to the best real estate assets in France and in Europe’s major cities.
These investments are carried out via open or closed funds, club deals, co-investments, and dedicated mandates.
Two opened funds are currently available to institutional investors including a European diversification fund and an ‘Office’ fund investing in the French biggest hubs.
Discover our assets
Keep up with trends in Real Estate
Presentation Corporate Amundi Real Estate
European commercial real estate: play the re-opening with quality assets
Amundi Real Estate is committed to the development of Responsible Investment
Amundi participates in many industry-level discussions in France on Responsible Investment aiming at promoting the first SRI label applied to real estate funds in France (working groups of the Observatory of Sustainable Real Estate or with ASPIM).
In 2012, Amundi Real Estate developed a Responsible Investment Charter to structure and facilitate the application of SRI and ESG criteria to all of its businesses. In 2018, faced with the new challenges of the sector vis-à-vis international concerns on climate change, Amundi Real Estate integrated two new elements: assessment of its main service providers and a new internal tool to audit properties from an SRI-ESG perspective.
1. Source: Amundi Real Estate figures as of June 30, 2021.
* In terms of AuM. Source IPE Real Estate Managers Survey 2020
This information is exclusively intended for “Professional” investors within the meaning of the MiFID Directive 2004/39/EC of 21 April 2004, and articles 314-4 and following of the General Regulations of the AMF. It is not intended for the general public or for non-professional individual investors within the meaning of all local regulations, or for “US Persons”, as defined in the Securities and Exchange Commission’s “Regulation S” under the 1933 U.S. Securities Act.
This non-contractual information does not under any circumstances constitute an offer to buy, a solicitation to sell, or advice to invest in financial instruments of Amundi or one of its affiliates (“Amundi”).
Investing involves risks. The performance of the strategies is not guaranteed. In addition, past performance is not in any way a guarantee or a reliable indicator of current or future performance. Investors may lose all or part of the capital originally invested.
Potential investors are encouraged to consult a professional adviser in order to determine whether such an investment is suitable for their profile and must not base their investment decisions solely on the information contained in this document.
Amundi assumes no liability, either direct or indirect, resulting from the use of any of the information contained in this document, and shall not under any circumstances be held liable for any decisions taken on the basis of this information. This information may not be copied, reproduced, modified, translated or distributed, without the prior written approval of Amundi, for any third person or entity in any country or jurisdiction which would subject Amundi or any of its products to any registration requirements within these jurisdictions or where this might be considered unlawful.
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