Fortis is about to recommence brokerage activities for real estate investment funds. With this in mind, Fortis recently took on two very experienced real estate analysts, Matthijs Storm and Frank Jansen.
In recent years, Fortis has acquired a reputation as a country specialist in the equity markets of the Benelux countries, France and Spain. In this context, a real estate product is a logical addition to the range because local expertise is crucial when advising institutional investors on the real estate sector and providing them with related services.
The addition of real estate brokerage activities marks a further expansion of Fortiss service offering in the real estate sector. Fortis already engages in asset management for real estate investment funds and in property development. Fortiss Corporate Finance & Capital Market division has also built up a good position in this sector over the past few years. A current example of this is Fortiss appointment as global coordinator and bookrunner of Homburg Invests public share offering amounting to €200 million.
The real estate product will be distributed through the existing branch network in Amsterdam, Brussels, Paris, Madrid and New York.