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Invesco and UBS in “bespoke” real estate mandate

real_estate_investmentInvesco’s real estate arm has partnered with UBS to create a “bespoke” real estate investment mandate for UBS’s wealth management clients. 

Following the partnership between Invesco Real Estate and UBS Wealth Management, UBS clients in Europe and Asia will be able to invest in Invesco’s real estate strategies.

The mandate will primarily invest in Invesco’s direct real estate strategies, but will also include investment in securities for liquidity, as well as co-investments and direct investments. 

In a statement on Monday, the firms said the mandate has been launched following increased demand for income-producing strategies with a stable return profile. 

Invesco has $63.3 billion (€53.2 billion) invested in direct real estate, and nearly $20 billion allocated to listed real estate, according to the firm. 

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