Invesco and UBS in “bespoke” real estate mandate
Invesco’s real estate division has partnered with UBS to create a “bespoke” real estate investment mandate for UBS’s wealth management clients.
After the partnership between Invesco Real Estate and UBS Wealth Management, UBS clients in Europe and Asia can invest in Invesco’s real estate strategies.
The mandate will primarily invest in Invesco’s direct real estate strategies, but will also include investments in liquidity-generating securities, as well as co-investments and direct investments.
In a statement on Monday, the firms announced that the mandate had been launched due to increased demand for income-generating strategies with a stable return profile.
Invesco has invested $ 63.3 billion in direct real estate and nearly $ 20 billion in publicly traded real estate, according to the company.
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