The property arm of Dutch insurer ASR is buying Sweco Capital Consultants to help grow its real estate and infrastructure offerings globally.
The ASR Real Estate team will merge with Sweco Capital Consultants, an independent consultant employing 16 people.
As part of the deal, Jeroen Winkelman co-head of Sweco Capital Consultants and Herman Gelauff a senior consultant and head of the firm’s real assets investments will become part of the management team of the newly combined investment partners team.
Established in 2004, Sweco Capital Consultants advises and supports institutional investors in strategic and operational matters in investments in indirect real estate and infrastructure portfolios.
ASR said the customer business will continue unchanged, as will the partnerships with parties in the Asia Pacific and the US.
Dick Gort, CEO of ASR Real Estate, said: “We see opportunities in a growing market in which institutional investors are increasingly investing their assets in real estate and infrastructure.”
Gort said the acquisition fits in with ASR Real Estate’s plan to grow into a full-service real estate investment manager.
“By merging Sweco Capital Consultants with our investment partners team, we can continue to provide customers with independent advice now and in the future.
“Not only for their Dutch real estate and infrastructure investments, but also worldwide. I would like to extend a warm welcome to our new colleague,” Gort said.
Source: realassets.ipe.com on the 31st of March
(https://realassets.ipe.com/news/asr-real-estate-to-acquire-sweco-capital-consultants/10058989.article)