Edmond de Rothschild bundles real estate division

Edmond de Rothschild Real Estate Investment Management (Edmond de Rothschild REIM) is Edmond de Rothschild's new real estate brand. The new company brings together the European real estate investment management businesses that Edmond de Rothschild has gradually built up over the last decade through a series of acquisitions: The Swiss company Orox, founded in 2007, with which Edmond de Rothschild collaborated on the launch of several real estate funds in Switzerland, was purchased in 2012.

This was followed in 2016 by the acquisition of Cleaveland, founded in France in 2005, and in 2018 by the takeover of the Cording Real Estate Group, founded in 2008 and active in the UK, Germany and the Benelux countries.

According to the management, the units now combined under Edmond de Rothschild REIM form a "comprehensive European network of nine branches with a total of 120 employees"; a total of "assets under management with a volume of EUR 10.4 billion and significant growth potential" are managed.

The company's areas of expertise include investment, asset and property management as well as fund management; the Group's vehicles invest in the office, industrial, logistics and residential asset classes.

Pierre Jacquot has been appointed CEO of the new company, with Arnaud Andrieu as his deputy. Jacquot and Andrieu were previously responsible for Orox. Rodney Bysh, previously head of the Cording Real Estate Group, will act as Head of Business Development in the new company. (bw)