AXA IM Alts raises cEUR800m following first closing of fifth generation development strategy

By clara.dijkstra5 days ago

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AXA IM Alts raises cEUR800m following first closing of fifth generation development strategy

Submitted

08/04/2021 - 9:38am

AXA IM Alts' fifth generation development strategy has secured commitments totalling EUR799 million during its first closing period.

The equity was raised from five Asian, North American and European institutions including investors into AXA IM Alts four generations of previous development strategies.

AXA IM Alts will pursue an opportunistic long-term capital appreciation strategy by implementing a develop-to-trade approach which takes advantage of investor demand for large, high-quality income-producing assets which are future fit and have strong ESG credentials. Prioritising opportunities in France, the UK and Germany, but with the flexibility to deploy capital in Europes other key real estate centres, investments will capitalise on the differences in timing between individual real estate markets.

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