AXA Real Estate Investment Managers ("AXA Real Estate"), the leading real estate portfolio and asset manager in Europe with over 40 billion of assets under management as at June 2011, has been named as the leading real estate investment manager in Western Europe for 2011 in Euromoney's annual Real Estate Survey.
At the same time, it was also named as the leading real estate investment manager in France, Spain, Belgium and Slovakia, ranked second place in the United Kingdom, Germany, Switzerland, and third for Italy.
Euromoney is one of the leading global financial publications and its seventh annual real estate survey canvassed the opinions of investment managers, corporate end-users, property developers, advisers, and banks worldwide, as well as taking into account specific financial indicators of AXA Real Estate's country platforms.
Pierre Vaquier, Chief Executive Officer of AXA Real Estate, said: "These rankings reflect the strong local presence of our specialist teams across these key territories and our ability to offer clients the broadest range of investment strategies. It is particularly pleasing to have achieved these rankings given that they are based on benchmarking of our individual country operations combined with votes received from a wide range of industry participants."