London, 14 January 2014 – Invel Real Estate Partners (“Invel”) is pleased to announce that it has completed the acquisition of a portfolio of loans from the National Asset Management Agency (“NAMA”) with a face value of approximately £140 million.
The underlying assets comprise a mixture of commercial and residential assets located mostly in the United Kingdom.
Invel’s Chief Investment Officer, Luv Shah, said: “Invel continues to actively search for and take advantage of opportunities in the European real estate market. This transaction is a testament to Invel’s ability to source and structure highly complex transactions where there is an opportunity to add value through active asset management and development.”
Invel Real Estate Partners seeks to capitalise on real estate investment opportunities throughout major European markets that involve corporate and government restructuring, complex capital structures, and/or asset redevelopment and repositioning.
Founded by Chris Papachristophorou, formerly a Managing Director of Deutsche Bank and Global Head of RREEF Opportunistic Investments, Invel comprises a team of investment professionals with several decades of investment experience across real estate asset classes in Europe. Their combined transaction experience is in excess of €20 billion of real estate gross asset value, having completed numerous landmark transactions with successful results.
Invel capitalises its transactions with investments from various institutional partners, including hedge funds, real estate funds and high net worth individuals / family offices, among others.