Where We Operate

Market selection is the first capital allocation decision we make, and we make it on evidence of demand, liquidity, and the capacity for growth. Each market has its own character, and our work there begins with an understanding of its districts, institutions, and the people who use them.

Americas

Americas

Gateway cities and high-growth metros, with an emphasis on ground-up development and repositioning.

Focus
  • Ground-up office, residential and industrial development
  • Repositioning of well-located but under-managed assets
  • Large-scale master planning in growth corridors
How we work here

A mix of ownership, development, and joint ventures. Our longest-standing regional presence and the foundation of much of our development expertise.

Europe

Europe

Established capitals and regional centers, where supply constraints reward patient capital and careful design.

Focus
  • Acquisition and refurbishment of well-located stock
  • Adaptive reuse of obsolete office and industrial buildings
  • Residential and mixed-use development in constrained markets
How we work here

A mix of direct investment and joint ventures with specialist local developers. Planning complexity is a feature of these markets, and patience is the edge.

Middle East

Middle East

Large-scale, master-planned and mixed-use development alongside long-term local and sovereign partners.

Focus
  • Master-planned communities and districts
  • Hospitality-led mixed-use development
  • Long-horizon regeneration partnerships
How we work here

We use the partnership model here, in which we bring development discipline and international standards to projects led jointly with local institutions.

Asia-Pacific

Asia-Pacific

Selective entry into deep, liquid markets through direct investment and partnerships with operators who know them.

Focus
  • Logistics and industrial platforms
  • Institutional-grade residential and office
  • Life sciences and healthcare in established clusters
How we work here

We invest with and through operating partners rather than building large local teams first. Entry is deliberate and market by market.

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