AT A GLANCE
Residential
SectorPan Europe
LocationSpecial situations
Strategy2024
Realized
Following the major shocks to the European economy, interest rates and public financial markets in 2022, ActivumSG identified an opportunity to capitalize on temporary pricing dislocations in the European corporate real estate bond market.
We hand-picked, acquired and aggregated a portfolio of bonds issued by quality European and UK residential real estate companies trading at attractive discounts to par. The bonds were performing and mispriced.
Drawing on our deep private market knowledge and real estate expertise, our team worked collaboratively to select, evaluate and track the creditworthiness of the bonds.
Our investment plan assumed holding the bonds to maturity, with the potential for early exits on market stabilization and anticipated price recovery. The positions were exited ahead of the business plan in early 2024, delivering attractive risk adjusted returns to investors.
