Euromoney names Aberdeen leading property investment manager in western Europe and Nordic & Baltic Region

13 Sep 2005

Aberdeen’s subsidiary Aberdeen Property Investors is one of Europe’s leading property investment managers with over € 7.6 billion in property investments through property funds or management mandates. Aberdeen Property employs 500 employees in offices across Belgium, Denmark, Finland, Germany, Luxembourg, the Netherlands, Norway and Sweden.

Ubbe Strihagen, Director Aberdeen Property Investors commented:

“We are delighted that our clients have expressed appreciation of our outstanding service and ability to provide a wide range of property investment solutions. We see this as recognition for delivering strong financial performances to our clients across our funds and mandates. We are outperforming the local indices in almost all countries and time periods.”

Aberdeen has successfully launched 5 international property funds, including the markets first European fund of funds during the last 12 months with a total value of over €1 billion.

The international perspective is becoming more important in the industry with more cross border transactions and international funds.

“In almost every market in Europe the majority of the buyers are foreigners – which is sound logic. If institutions need to diversify through investment in other countries they inevitably end up selling a bit in their countries to buy in other countries,” comments Ubbe Strihagen to Euromoney.

“For many institutions property investment is still domestic but there has been a growing realisation that, like equities, it is essential to diversify internationally. We have an investment strategy process which gives us a framework to discuss the benefits of added allocation and diversification with our clients. It is important to discuss the needs and expectations of institutional clients, to get the right risk-return profile in their portfolio” continues Ubbe Strihagen.

The Euromoney Awards of Excellent recognize the leading Real Estate Investment Managers worldwide. The awards are chosen based on nominations submitted by participating companies and through interviews with clients.

For more information, please contact
Ubbe Strihagen, Director, Aberdeen Property Investors
mobile: +46 70 520 33 80,
e-mail: ubbe.strihagen@aberdeenpropertyinvestors.com

Fiona Piper / Charlotte Barker
Maitland 0207 379 5151