Frankfurt-based independent real estate investment manager Feldberg Capital GmbH has acquired Brunswick Property Partners (BPP).
BPP’s founding partners, David Turner and Will Amies, will assume the roles of head of investment and head of business development respectively at Feldberg.
The company will focus on sustainable investments across workspace, life sciences, logistics and “next-generation” residential properties, with a particular focus on positive environmental impact and the surrounding community.
The initial target markets are Germany, the UK and the Benelux countries and Feldberg’s major shareholder, Turkish ESAS Holding, will provide “extensive financial support” to the company.
Rodney Bysh, CEO of Feldberg, said: “Will Amies and David Turner’s local presence and their connections to regional markets will help us expand our reach. We will undertake sustainable real estate developments throughout Western Europe, adhering to ESG principles and delivering value to both users and investors.”
Turner added: “The acquisition by Feldberg provides us with the opportunity to apply our expertise to a broader geographical area. Together, we aim to develop the strengthened Feldberg platform into a leading impact-oriented investor in Europe, with the possibility of acquiring additional European asset managers.”
Amies said: “Since setting up seven years ago, we’ve built a highly skilled team of 10 professionals with experience in creating sustainable value for purpose-driven investors, as demonstrated by our AKOYA venture with a portfolio worth over £500m. This transaction positions us strongly in the market, and as part of Feldberg, we will be even better positioned to seize future market opportunities.”
