Revetas facilitates Korean overseas investment recovery with trio of mandates
- Press releases
Revetas facilitates Korean overseas investment recovery with trio of mandates
Vienna, 15 May 2024 – Revetas Capital, a leading real estate investment manager specializing in tailored real estate solutions, secures three mandates from Korean Asset Management Companies (AMCs) representing multiple Korean Institutional Limited Partners (LPs). The initial investment volume stands over €860 million.
These mandates mark a strategic collaboration aimed at supporting Korean overseas investments in the face of shifting interest rates and a rise in complex real estate situations in Europe and the United States. Revetas will extend its expertise in restructuring and recapitalization to stabilize these investments over the mid to long term, offering both rescue capital and funding for essential building and tenant improvements.
Eric Assimakopoulos, Revetas’s Managing Partner, expressed enthusiasm about the mandates, stating:
’We are pleased to collaborate closely with Korean Institutional AMCs and LPs on their overseas investments. Our focus is on providing capital recovery solutions in a market characterized by dislocation, complexity, and the ongoing importance of price discovery. We see solutions in uncertain times that offer real and meaningful value to our partners and a roadmap to recovering capital.’
About Revetas Capital Advisors
Revetas is a Pan European real estate investment advisor with a thematic approach and focuses on distressed opportunities and value-add investments which may be entangled in complex, special situations. The firm’s leadership has been active in Europe for the past 25 years and Revetas has been a leader in the European real estate market, being supported by a broad network of 110+ professionals. Revetas Capital was founded in 2002* and is led by Managing Partner Eric Assimakopoulos, with offices in London, Vienna and Luxembourg.
Revetas serves a global base of institutional investors, pension funds, endowment funds, asset managers, family offices and ultra-high-net-worth individuals with a razor-sharp focus on delivering superior, risk-adjusted returns.
Revetas Capital Advisors, Vienna Austria www.revetas.com