UK investment manager Octopus Investments announced on Wednesday that it has extended its tentacles into Europe for the first time in its 24-year history.
The group has opened a new Spanish office, located on Paseo de la Castellana in Madrid’s financial district. The office represents the first permanent location for Octopus in mainland Europe, as it looks to build a more global footprint and expand the firm’s existing investment capabilities.
Octopus is principally focussed on the living and healthcare real estate sectors and is aiming to expand all of its existing strategies into Spain, and across Europe, over the next two to three years, including elderly and specialist care homes, retirement living, affordable housing and real estate debt.
Octopus’ first strategy to include deployment in Spain is a new European value-add retirement living strategy, focusing on the development of later living schemes exclusively for rent for those aged 75+.
Source: https://propertyeu.info/Nieuws/Octopus-enters-Europe-with-new-value-add-living-strategy/b7070f07-56d6-4fe5-bff9-c0c0d49bbffb, on 06.09.2024