AsianInvesterAsianInvesterAsianInvester

Spanish lifer Mapfre eyes European property bargains

Hugo Cox
The insurer intends to source alpha by investing more in alternative assets, and is particularly looking buy up prime office properties in European cities as their prices fall further.
Spanish lifer Mapfre eyes European property bargains

Spanish insurance group Mapfre is poised to allocate €1.6 billion ($1.9 billion) to alternative assets by 2023, with a particular eye on real estate bargains in Europe, as it seeks to diversify its investment portfolio and source decent yields in an ultra-low rate environment.

Sign in to read on!
Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?
See here for more information on licences and prices, or contact [email protected]
¬ Haymarket Media Limited. All rights reserved.