€400m investment in Aurelis Real Estate by AIMCo

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryReal Estate
BDO.LiveSite.Deals.ClientNameAIMCO Luxembourg S.à r.l.

BDO provided transaction support and due diligence to Alberta Investment Management Corp. (AIMCo) on its €400m minority investment Aurelis Real Estate.

Alpine Grove Partners LLP completed a general partner-led recapitalisation of industrial real estate operating company Aurelis Real Estate GmbH & Co. KG.

As part of this, AIMCo, a Canadian institutional investor, committed more than €400 million in equity to the investment and acquired a significant minority stake.

AIMCo is one of Canada’s largest and most diversified institutional investment managers with more than USD118 billion of assets under management.

Aurelis Real Estate, is a German light industrial real estate operating company with a €1.7 billion portfolio of industrial and land assets. It is a vertically-integrated real estate operating business providing warehouse and distribution solutions for Europe’s leading industrial companies including Porsche, Deutsche Bahn and Evonik. It is a leading developer of urban infill land and partners with municipalities to revitalise post-industrial sites. The portfolio spans nearly 6 million square metres of land and one million square meters of buildings in the industrial heartlands of Germany.