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HMC entered the European real estate market in 1998 when it managed an affiliate’s participation in one of the first large real estate privatization transactions in Sweden. To date, HMC or its affiliates have successfully completed over $1.4 billion of transactions in the United Kingdom, France, Germany, Spain, Ireland, Poland and Scandinavia. HMC’s European real estate investment team seeks to identify opportunities across sectors and jurisdictions which exhibit high-quality cash flows, locations and structural integrity. Typically pursuing investments between €20 million and €100 million, the team looks for properties where value can be added by injecting both capital and development or operational expertise. Harbert Management Corporation Acquires Four Multi-Let Estates From Segro [Read More]
Investment Team
- Raymond J. Harbert, Chairman & CEO
- Scott D. O’Donnell, Vice President & Senior Managing Director
- Peter J. A. Land, Principal
- Roque I. Rotaeche, Principal (Madrid)
- Eric R. Desautel, Principal (Paris)
- Tor V. Tveitane, Principal
- James C. Flood, Vice President
- G. Huw Davies, Vice President and Head of Asset Management
- David King, Associate
- Jon Evans, Accounting Manager
- Soraya Harris, Research Analyst
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Investment Criteria
HMC's European real estate investment team seeks to diversify across asset classes, markets and investment risks. We endeavor to focus upon real estate fundamentals and to add value and minimize risk through structuring and by employing our understanding of the development, operation and management of real estate. Our team attempts to understand the key risks of each transaction and to transform those risks into opportunities to unlock value. Throughout Europe we continue to invest with an emphasis on office, light industrial and warehouse, retail/mixed use and residential. We typically seek: - Transaction size: between €20 million to €100 million typical
- Markets: demonstrating solid infrastructure, economic diversity, and the prospect for growth
- Local operating or development partners: with solid experience and track record in the local market and in the specific sector targeted
- Infill locations: demonstrating high barriers to entry
- Value-add opportunities: including repositioning of existing assets or new development
- Pricing inefficiencies: financially distressed assets or assets in out-of-favor sectors and markets
Important Notices:
- This site is designed to provide basic information about our alternative investment strategies. Nothing on the site is a recommendation that you purchase, sell or hold any security or other investment, or that you pursue any investment style or strategy.
- The password-protected portion of the site is designed for individuals and institutions that are “qualified purchasers” and “accredited investors.” Only such individuals and institutions may access the information on this password-protected site. All individuals and institutions requesting access will be screened to determine eligibility.
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