03 Mar 2016

Tristan Capital Partners Scoops Three Accolades At 2015 PERE Global Awards

Source: Tristan Capital Partners

London – Pan-European real estate investment manager Tristan Capital Partners has been awarded ‘Europe Capital Raise of the Year’, ‘German Firm of the Year’ and ‘Europe Industry Figure of the Year’, in the European category of the 10th PERE Global Awards.

Ric Lewis, CEO of Tristan Capital Partners, said: “These prestigious awards are testament to the great strides the firm made last year. 2015 was a big year for us, we completed €3.2 billion of transactions and on the investment side, we closed 26 deals, increasing our average ticket size by 50%, and we have 10 more under exclusivity. Last year’s activity gives us an incredibly strong base to build from in 2016 and we remain in what we call a ‘disciplined hurry’ to take advantage of the opportunities that Europe has to offer in the current environment.”

Tristan Capital Partners CEO Ric Lewis was awarded ‘Europe Industry Figure of the Year’ for the second time, having previously won the award in 2013. The firm also won ‘Europe Capital Raise of the Year’, following the successful completion of the firm’s largest ever fundraise in 2015 of €1.5 billion and the firm hitting its €950 million target for European Property Investors Special Opportunities 4 (EPISO 4) in July. Tristan also saw its average ticket size increase by 50% to over €40 million and committed to a number of deals in Italy, Germany and the Netherlands and made its first move into the Nordics.

The firm was also awarded ‘German Firm of the Year’, as the firm used its €950 million European Property Investors Special Opportunities 3 (EPISO 3), fund to make five investments in Germany for more than €500 million in February, which included one of the largest retail properties in central Munich, a portfolio of mixed-use properties located mainly in Berlin and Frankfurt and a logistics park in Bielefeld, North Rhine-Westphalia.

Separately, Tristan’s Curzon Capital Partners III (CCPIII) core plus-style fund, acquired the Neukölln Arcaden shopping centre in the Neukölln district in Berlin for €65.6 million from AXA Immosolutions. Tristan also sold six office properties in Germany for around €70 million, including a Berlin office building and a mixed-use building in Hamburg and two properties located in Bochum.

The PERE Global Award wins are the latest set of accolades for the firm, following the news earlier this year that Tristan Capital Partners won Real Estate Capital’s ‘Fund Manager Finance Team of 2015’ Award.