Edmond de Rothschild has announced the creation of its global brand, Real Estate Investment Management (REIM), which now includes all real estate activities in Europe and will be led by Pierre Jacquot, CEO of Edmond de Rothschild REIM.
Edmond de Rothschild REIM will focus on two types of investment opportunities to generate concrete impact and consistent performance for its clients:
- Conviction-based funds with thematic, sectoral or regional focus, supported by social, demographic, environmental and technological trends.
- Club deals and joint ventures capturing market opportunities and enhancing value by applying in-house expertise.
The entities now under Edmond de Rothschild REIM form a consistent and comprehensive European network of 9 offices and 120 employees, with an initial €10.4bn of assets under management and significant potential for future growth. In-house skills include investment management, fund management and asset/property management. The group's investment vehicles include offices, industry, logistics and residences, all with a strong commitment to impact and responsible investment.
Pierre Jacquot has been appointed CEO of the new business, with Arnaud Andrieu as deputy CEO and Rodney Bysh as head of Business Development. Other senior appointments have been made to reinforce the local market footprints and investment capacities, whilst strengthening European-level (see organogram attached).
Edmond de Rothschild has built-up its real estate investment management business over time through a series of targeted acquisitions. Cleaveland was founded in France in 2005 and was acquired by Edmond de Rothschild in 2016. It is presently headed by François Grandvoinnet. Cording Real Estate Group was founded in 2008 and was acquired by Edmond de Rothschild in 2018. Led by Rodney Bysh, it covers the UK, Germany and Benelux. Swiss-based Orox was created in 2007 and collaborated with Edmond de Rothschild in launching several real estate funds in Switzerland. Headed by Pierre Jacquot and Arnaud Andrieu, it was acquired by Edmond de Rothschild in 2012.