Real Estate
BC Partners Real Estate is a real estate investment platform launched in 2018 by Stephane Theuriau, Laurian Douin and Thibault Lauprêtre as a fully integrated business within BC Partners.
We utilize our in-depth operational understanding and close monitoring of macro trends currently impacting real estate to define bespoke capital deployment strategies fitting local market-specific dynamics. With an enhanced local presence in European markets and through our long-standing network of local relationships, we leverage our strong operational ethos to create value from real estate investments across all major asset classes.
Our debut fund BC Partners European Real Estate I (‘BCPERE I’) exceeded its initial target size of €500-700 million upon final close in December 2021 with total commitments in excess of €900 million. BCPERE I has made investments in France, the United Kingdom, Germany, Spain and Italy, across office, industrial, hospitality, living, and mixed-use assets.
For more information about BCPERE I investments, visit our news section here.
As an investment advisor, we apply a consistent philosophy across all asset classes with a focus on strong operating angles, long term value potential with multiple levers, capital preservation, and deep liquid occupier and investment markets.
Approach
We have a pan European and multi asset-class approach to real estate, focused on the deepest markets such as France, Germany and the United Kingdom. Potential investments include offices, mixed-use, residential, serviced assets and logistics investments where the team has pan-European and first-hand asset management experience. We are also considering investing into minority or controlling stakes in asset-light real estate platforms and operators with growth potential, as well as structured debt-equity instruments.
As BC Partners Real Estate, ESG is core to our investment decision making and a mandatory assessment is undertaken during due diligence for each prospective investment. For more information, please download our Strategy here.
Performance Goal
Our dual track strategy in real estate assets as well as platform companies aims to deliver attractive returns ranging from core to private equity-like, whilst also generating co-investment opportunities for our investors.
Team Experience
The three Founders of BC Partners Real Estate have worked together for almost a decade at a leading listed multi-asset class developer and investor. Prior to joining BC Partners, inter-alia, the founding team successfully raised and deployed, as the manager and operator of the AltaFund, a €650 million private equity value-add real estate fund, focused on office developments in France, backed by top-tier institutional investors.
Experience
The BCP RE team has extensive experience across large and complex real estate projects with a demonstrated history of profitable growth and risk management in investment and development. Since its inception, the Founding Team has been complemented by a broader investment and development team of seasoned professionals with long-term pan-European experience, specifically in Germany and the UK. The resulting operational and investment experience across multiple geographies and asset classes is complemented by our proactive sourcing capabilities and rigorous investment process.