Focus

Themes

Complexity with a clear solution (e.g., repositioning), inflation-linked income, robust demand, operational value levers and special situations.

Off-market or low-competition processes, auditable data, realistic CapEx plans, clear tenant/customer logic and regulatory feasibility.

Energy and building upgrades are treated as risk and value drivers. Measures follow economics, regulation and asset protection.

Value-add and long-term holds with a clear CapEx plan and active asset management.

Cashflow-focused assets with operational levers and controllable downside.

Selective co-investments and structures – only where protections are robust.

Diversification and hedging, liquidity as a strategic reserve.