Edmond de Rothschild launches into European real estate

Edmond de Rothschild has merged its three real estate branches into a single activity dedicated to the management of real estate investments.

The Edmond de Rothschild Real Estate Investment Management (REIM) Group is made up of three companies acquired by Edmond de Rothschild in 2012.

He appointed Pierre Jacquot (photo) as general manager of the company, with Arnaud Andrieu as deputy general manager.

Commenting on the launch, Vincent Taupin, CEO of Edmond de Rothschild, said: “We are convinced that the development of the real estate sector is reshaping our company and we are ready to play a key role in this transformation.

REIM uses thematically oriented conviction funds, supported by social, environmental and technological trends.

The group will particularly focus on; land use planning, the development of sustainable buildings and the renovation of obsolete buildings.

Edmond de Rothschild REIM has initial assets under management of € 10.4 billion. The group’s investment vehicles include exposure to the office, industrial, logistics and residential sectors.

The companies acquired by Edmond de Rothschild that make up the REIM group are as follows:

• Cleaveland – Founded in 2005, acquired in 2016, managed by François Grandvoinnet.
• Cording Real Estate Group – Founded in 2008, acquired in 2018, led by Rodney Bysh.
• Orox – Founded in 2007, acquired in 2012, managed by Pierre Jacquot and Arnaud Andrieu.