Revetas facilitates Korean overseas investment recovery with trio of mandates
Revetas Capital, a leading real estate investment manager specializing in tailored real estate solutions, secures three mandates from Korean Asset Management Companies (AMCs) representing multiple Korean Institutional Limited Partners (LPs). The initial investment volume stands over €860 million.
These mandates mark a strategic collaboration aimed at supporting Korean overseas investments in the face of shifting interest rates and a rise in complex real estate situations in Europe and the United States. Revetas will extend its expertise in restructuring and recapitalization to stabilize these investments over the mid to long term, offering both rescue capital and funding for essential building and tenant improvements.
Eric Assimakopoulos, Revetas’s Managing Partner, expressed enthusiasm about the mandates, stating, "We are pleased to collaborate closely with Korean Institutional AMCs and LPs on their overseas investments. Our focus is on providing capital recovery solutions in a market characterized by dislocation, complexity, and the ongoing importance of price discovery. We see solutions in uncertain times that offer real and meaningful value to our partners and a roadmap to recovering capital".