AEW Europe and HSBC REIM are vying with Amundi Immobilier, the new EUR 5.2 bn investment management firm created from the merger of CAAM RE and Societe Generale AM, to receive the management mandate for the SCPI investment vehicle, Genepierre. Genepierre has so far been managed by Societe Generale and with around EUR 300 mln of commercial properties, is a major fund in the French real estate market.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
