PARIS-AXA Investments plans to invest more than $13 billion (up to 10B EURO) in European real estate markets over the next five years, and managing it will fall to AXA Real Estate.
The global insurance and real estate firm is also building a dedicated team of infrastructure pros who will help develop the investment platform. Charles Dupont, a 15-year infrastructure specialist has been hired to direct that unit.
“Our decision to increase our exposure to the infrastructure debt asset class is in line with our global investment strategy,” said Laurent Clamagirand, AXA Group chief investment officer. “It meets our need to find long-term investments and diversify our credit portfolio in order to match the guarantees we offer our clients, and also demonstrates the role insurance companies can play in financing the real economy.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
