Ballerup,
Greater Copenhagen
Residential
Invesco Real Estate
Business Case:
Off-Market Acquisitions Facilitated by Rubik Properties for Invesco Real Estate
Rubik Properties, acting as the operating partner, successfully facilitated the off-market acquisition of five newly-built residential projects on behalf of Invesco Real Estate. These acquisitions were sourced from FB Gruppen, a tier-one Danish developer known for its high-quality residential developments. The total combined size of the projects amounts to approximately 40,000 sqm, comprising 525 units. These acquisitions has been strategically acquired for a value-add fund and a core fund, aligning with Invesco Real Estate’s investment strategy.
Key Highlights
- Off-Market Acquisition All five projects were acquired off-market, directly from FB Gruppen, ensuring competitive pricing and favorable acquisition terms.
- Developer Partnership The relationship with FB Gruppen was instrumental in securing these off-market deals, leveraging their reputation and track record for delivering high-quality DGNB certified residential projects.
- Strategic Fund Allocation The acquisitions were tailored to meet the distinct objectives of Invesco Real Estate’s value-add and core fund, offering both short-term value realization and long-term income potential.
- Turnkey Delivery and Operational Execution Rubik Properties successfully managed the entire acquisition and operational process, from deal structuring and negotiation to the final delivery of the projects, ensuring that all milestones were met within agreed timelines.
Conclusion
The two off-market acquisitions of these five residential new-built projects represent a strategic and successful collaboration between Rubik Properties, Invesco Real Estate, and FB Gruppen. The mix of value-add and core investment strategies aligns with Invesco’s diverse portfolio approach, providing the opportunity for both short-term returns and long-term, stable income generation. This business case demonstrates Rubik Properties’ expertise in sourcing high-quality assets off-market, managing complex acquisition processes, and executing investment strategies to meet the specific objectives of institutional investors.
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