a.s.r. real estate, a part of Dutch insurance group ASR Nederland, is acquiring Sweco Capital Consultants, an independent advisor within Sweco Nederland dedicated to real estate and infrastructure investments.
ASR Nederland said the acquisition is in line with a.s.r. real estate’s ambition to grow into a full-service real estate asset manager.
a.s.r. real estate invests in real estate on behalf of institutional investors and manages real estate portfolios.
The activities of Sweco Capital Consultants will be taken over as of 1 May 2022.
Sweco Capital Consultants is an independent consultancy and has existed since 2004 as part of Sweco Netherlands. The agency has institutional investors as clients, with a total advisory capacity of €5.5 billion. There are 16 employees who will be merged with the current team of a.s.r. real estate Investment Partners as of 1 May 2022.
From Sweco, Jeroen Winkelman and Herman Gelauff join the management team of the newly merged Investment Partners team. The activities for customers will continue unchanged, as will the partnerships with parties in Asia Pacific and the United States.
The name Sweco Capital Consultants will expire with this takeover.
Dick Gort, CEO of a.s.r. real estate: ‘We see opportunities in a growing market in which institutional investors are increasingly investing their assets in real estate and infrastructure. This acquisition fits in with a.s.r. real estate’s ambition to grow into a full-service real estate investment manager. By merging Sweco Capital Consultants with our Investment Partners team, we can continue to provide customers with independent advice now and in the future. Not only for their Dutch real estate and infrastructure investments, but also worldwide. I would like to extend a warm welcome to our new colleagues’.
Eugene Grüter, CEO of Sweco Nederland: ‘The increased complexity in the institutional investment market requires additional competences in financial services. Issues of legislation and regulations, risk & compliance and matters such as ESG are becoming increasingly important. In order to properly address these issues, Sweco Capital Consultants wants to further professionalise and grow. As part of a.s.r. real estate, Sweco Capital Consultants will be able to develop more quickly and further strengthen its market position. The acquisition will have no consequences for our customers. They will receive the same level of service and retain their daily point of contact. I have every confidence that the solid business operations and independent advice will continue unabated at a.s.r. real estate’.