Inovalis Group continues to successfully identify unique investment opportunities in Europe with the focus of creating long-term value for its partners as it capitalizes on its experience in diverse market conditions and draws on its expertise in multiple asset classes and across real estate strategies.
Industry sources added that the upcoming quarters should endure to offer a good entry point for real estate investments as higher yields will selectively generate attractive income and capital growth opportunities over the next 5 years.
Industry sources added further that the spreads versus bonds remain relatively tight and higher for longer is driving re-pricing, particularly for the lower-yielding markets/assets. Although this might lead to lots of challenges for investors, the firm believes it will offer very attractive risk-adjusted return opportunities for specialized capital with a multi-year horizon.
Looking ahead, we remain committed to closely monitoring our key markets in Europe and meticulously evaluating selective opportunities priced at valuations that reflect the environment dynamics.”, stated Khalil Hankach, CEO of Inovalis.
On November 3rd, 2023, Inovalis and its partner acquired the building from Ardian, a leading private investment company, and Prelios, one of the leading Italian asset managers. Inovalis led the acquisition and sourced the financing with CBRE as debt advisor and the Forward Fund, an Italian credit AIF managed by Gardant Investor SGR S.p.A as lender. eRE – element Real Estate acted as commercial advisor and Lawal as legal advisor.
Industry sources also added that Inovalis teams have managed in the current debt environment to secure a leverage-positive position through their extensive and diversified network. High-interest rates, combined with higher equity returns sought by investors, have resulted in a substantially higher cost of capital for real estate investors.
