Invesco to run global real estate mandate for UBS

The firm will enable access to its real estate capabilities through its team of professionals around the world

Invesco to run global real estate mandate for UBS
Steve Randall

UBS Wealth Management has announced an exclusive collaboration with Invesco to run its global real estate mandate for its clients.

The Swiss-based investment behemoth’s clients in select markets will have access to Invesco’s global real estate strategies, selected co-investments or direct real estate investments worldwide. 

It means that UBS’s private clients will have exposure to institutional-quality real estate investments, diversified across geographies and sectors.

Invesco, which has an office on Toronto’s Bloor Street, has more than 580 real estate investment professionals across the world and comparable strategies across North America, Europe, and Asia.

“Invesco is one of the few firms that has a truly global real estate platform with experience investing through multiple market cycles across the full risk-return spectrum,” said R. Scott Dennis, Global CEO, Invesco Real Estate. “We are excited for the partnership with UBS to deliver these established, proven strategies as investors continue to seek exposure to private real estate.”

Client demand

The collaboration has been launched due to increased client demand for income-producing strategies with stable return profile.

The offering will invest primarily in Invesco’s direct real estate strategies. It will also invest in real estate securities for liquidity, and selected co-investments or direct investments.

“This partnership reinforces our commitment to provide our clients with the best of what UBS has to offer, while also giving them exclusive access to solutions from leading partners,” said Bruno Marxer, Head of Global Investment Management at UBS Global Wealth Management. “This allows them to gain exposure to unique and attractive investment ideas in tune with pivotal market trends.”