Edmond de Rothschild REIM expands UK real estate portfolio

Edmond de Rothschild Real Estate Investment Management (REIM) has completed three acquisitions in the UK and secured two more under exclusivity.

Stafford - Edmond de Rothschild Real Estate Investment Management (REIM) 

The three completed acquisitions are situated in Marlow, Stafford, and Aberdeen, providing diverse exposure to the UK market. These properties align with the strategy's focus on income-generating real estate that benefits from robust tenant demand, strong tenant covenants, and long-term value potential.

The latest acquisition was a modern hybrid industrial/office building in Aberdeen's ABZ Business Park, leased to Oceanscan, a UK hydrographic services group. This £5 mln (€5.9 mln) investment offers a 14-year long-term income stream and an attractive income return exceeding 7%.

The firm aims to deploy an additional £100 mln (€118 mln) in the UK over the next year, prioritising assets with resilient income, strong real estate fundamentals, and long-term value for investors.

Klaus Georg Schmitz, CIO of Edmond de Rothschild REIM, said: “The UK remains a highly attractive market for our diversified pan-European real estate strategy. The transactions secured to date demonstrate our ability to identify resilient income opportunities across regions and sectors, while remaining disciplined on asset quality, tenant strength and long-term fundamentals.”

Gavin Munn, head of Acquisitions UK at Edmond de Rothschild REIM, said: “Our target acquisitions in the UK and Ireland are focused on income-producing assets offering an attractive risk-adjusted return profile, with a target acquisition yield of around 7% net initial yield and a weighted average lease term of more than 10 years. We are particularly focused on sectors where we see durable occupational demand and resilient income characteristics, including industrial and logistics, retail warehousing, hospitality and selected office assets.”