NEW YORK—Tired of the competition and seeking to better diversify portfolios, an increasing number of net lease investors in the US are going abroad for new opportunities.
One example is Georges Asmar, the president and managing director of recently-established LeadCrest Capital Partners, which has offices in Paris, Luxembourg, London and New York. Asmar, who has an extensive background with US firms such as Colony Capital and W. P. Carey Inc. and attended the Wharton School at the University of Pennsylvania, set up LeadCrest to specifically target net lease opportunities in Europe. "There are exciting things happening in net lease in Europe right now," he says.
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