A European institutional investor is using IPE Quest to search for a manager for a real estate mandate focused on logistics property.

According to search QN-2650, the mandate – which has a target value of €400m – will aim to invest in the Benelux, Austria, Italy and Spain.

The tender notice said the investment focus would be on well established major cities, ports, airports and logistics hubs/corridors, adding that it would also consider “deep markets delivering scale and greater flexibility to meet tenants’ requirements”.

The investor is seeking to apply a core or core plus strategy, with an internal rate of return of 3.5-3.7% and cash on cash of 3-3.25% (pre fees and tax).

Participating asset managers should provide gross of fees performace figures dated up to 31 December 2020.

The deadline to participate has been set for 15 January 2021 at 5pm UK time.

Swiss-based consultant seeks manager for government bonds contract

A consultant based in Switzerland  is seeking interested managers – on behalf of a re-insurance client – for a government fixed income brief,

The segregated contract will aim to invest in Europe through a core active appraoch, the search notice DS-2644 disclosed.

The potential investment size has been earmarked at CHF300m (€275m).

Interested firms will need to submit a minimum track record length of five years; the deadline to participate is 22 December 2020 at 5pm UK time.

The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.

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