Carlyle's European real estate team advises investments in commercial property that can be repositioned by updating the existing physical structure as well as improving occupancy rates and rental yields.
Carlyle Europe Real Estate Partners (CEREP) invests in diversified portfolio opportunities, throughout Europe, including office, residential, student housing, hotel, retail and zoning and infrastructure improvements. Through active asset management CEREP repositions the assets in the market.
The Carlyle Europe Real Estate team adopts a proactive and highly selective approach to acquisitions and asset management, investing in both existing structures and land for development. The dedicated asset management group works alongside the investment team and both are based in Paris, London, Barcelona, Milan, Munich and Stockholm. This local coverage ensures they are well connected to the key European real estate and corporate communities.
- Active Asset Management: Carlyle has a proactive asset management approach to real estate investing. This allows the team to focus on acquisitions of properties that can be repositioned by updating the existing physical structure as well as improving occupancy rates and rental yields.
- Specialize By Geography: Carlyle's primary real estate investment markets in Europe are France, Germany, the Nordics and the United Kingdom, an area covering 70 percent of the Euro Zone's GDP. Secondary target real estate markets for Carlyle in Europe are: Austria, Belgium, the Czech Republic, Hungary, Ireland, Italy, the Netherlands, Poland, Portugal, Spain and Switzerland.
- Specialize By Sector: Carlyle focuses on specific asset classes of commercial property: office, residential, student housing, hotel, retail and zoning and infrastructure improvements. Buildings that offer strong potential for Carlyle's approach are typically those in prime, or secondary, locations.
- Substantial Capital Available: Within these categories, the real estate team makes individual investments between €15 million and €80 million.