Emanuele Caniggia Head of real estate at DeA Capital
Emanuele Caniggia, Head of real estate at DeA Capital

DeA Capital RE establishes its first pan-European fund

DeA Capital Real Estate SGR, part of the DeA Capital Platform – the top Italian independent provider of alternative asset management solutions by AUM with Combined Assets Under Management of roughly €26.7 billion in the Real Estate, Credit, Private Equity and Multi Asset/ Multi Manager Solutions sectors – has launched its first pan-European fund reserved for institutional investors: DeA Capital Real Estate Investment Fund I.

With a fund raising target of up to €500 million, the Luxembourg-based Fund (RAIF) will invest across the main European markets in office properties and, to a smaller extent, in hospitality and retail assets.

DeA Capital Real Estate SGR’s investment strategy is built to core, which, seizing the opportunities
offered by current market trends, offers investors the chance to protect themselves from rising
inflation while optimising the value of their real estate investments, the Milan-headquartered company explains in a note.

The asset allocation strategy is centred around transforming and redeveloping the Fund’s assets into core products with profitable lease positions, high-standing tenants and a focus on the environmental, social and energy sustainability characteristics of the buildings, which have now become a priority for asset managers and investors.

“This pan-European ESG fund with a built to core strategy is perfectly aligned with risk diversification
on different markets,” remarked Emanuele Caniggia, Head of Real Estate of DeA Capital. “It
successfully combines a medium/long-term real estate investment development objective with steady
returns and improved energy and social sustainability.

DeA Capital Real Estate SGR S.p.A. is the Asset Management Company leader in Italy, specialised in real estate Alternative Investment Funds (AIF), with a market share above 22.5%. It manages Euro 11,7 billion assets through 57 real estate funds and one SICAF, 2 of which are listed in the MIV segment of the Italian Stock Exchange. DeA is a leader in the Italian real estate market, with assets consisting of 1,000 properties, 70% of which are located in Rome and Milan, and an important portfolio of Partners, consisting of about 100 Italian and international institutional investors.

The group’s in-house investment management teams operate throughout the continent
with an in-depth understanding of real estate markets in Spain, France, Poland and Germany.