2023-09-20 0:00 CET, France | Investment Management | Press release
Having previously created several professional funds (Résicore, Axipit Home Value 1 and 2), Axipit Real Estate Partners, a subsidiary of the Aquila Asset Management group, has launched its very first SCPI, Upêka — a so-called "diversified" vehicle that will operate across the eurozone and targets a distribution yield in excess of 5.5%.
"With Upêka, we want to offer every investor a tangible and high-performing solution to invigorate their real estate portfolio and optimize their returns with complete peace of mind," said Christophe Delacour, Partner and Chief Executive Officer of Axipit Real Estate Partners. "In a turbulent context of societal transformation, it is essential to maintain a clear and meticulous strategy in order to maximize acquisition opportunities. Our creativity drives us to select, rethink, and enhance assets while taking sustainability criteria into account," added Gurvan Mahéo, Fund Manager and Head of Risk.
As a reminder, Catella recently acquired 60% of the shares of Aquila Asset Management SAS for a purchase price of approximately €9.6 million. "This partnership provides us with genuine financial stability and additional resources to enable us, in the short term, to broaden the scope of investment opportunities in the European market and accelerate our positioning in favor of the SCPI Upêka and our clients," said Gilles Barbieri and Jean-Marc Sabiani, founding partners of Aquila Asset Management.
