Savills IM transacted EUR 2.5 billion in 2020
January 22 2021 – Savills Investment Management (IM) said it invested EUR842 million globally in 2020. Globally, the property investment firm transacted more than EUR 2.5 billion in the year of 2020, including EUR 2.1 billion in Europe and EUR 457 million in Asia. Transactions included nearly EUR 1.7 billion of acquisitions and EUR 833 million of disposals, resulting in a net investment of EUR 842 million, according to the company.
In 2020, the firm launched its first pan-Asian fund, named the Asia Pacific Income and Growth fund (APACIG). This followed the final close of the Japan Value Fund II, which the company defined to seek to capitalise on the defensive Japanese residential sector. It also launched the Japan Residential Fund II (JRF II), JRF II is discretionary in nature with a long-term investment horizon, the manager noted.
Savills IM has focused on rebalancing its business towards more resilient sectors, launching new, pooled and discretionary products that are recession resilient. This includes Fund VESALF I, a discretionary pan-European logistics fund, and the European Food Retail Fund.
2020 was an especially impressive year for Savills IM’s European logistics platform, which has reached EUR 4.7 billion in AUM, said the manager.
- APMR News