About Praemia REIM
With a team of 450 professionals located in France, Germany, Luxembourg, Italy, Spain, the United Kingdom and Singapore, we combine deep local insight with global execution capabilities to deliver robust, long-term performance.
Its pan-European platform manages 97 funds and comprises over 96,000 individual and institutional investors. Its real estate portfolio includes more than 1,600 buildings spread across the main asset categories and located in 11 European countries.
As of December 31, 2024, Praemia REIM holds 36 billion euros in assets under management. Its conviction allocation is composed of: 50% Healthcare/Education, 30% Office, 8% Residential, 6% Retail, 5% Hospitality and 1% Logistics.
Sector forecasts
HEALTHCARE: The imbalance between supply and demand for healthcare services and accommodation for the elderly will continue in the years to come. We know that demographic pressure will remain strong and will continue to increase well after 2029.
OFFICE: The European office market is facing a period of adjustment with: • flex office organisation (shared workstations); • the rise of generative AI, with the risk that this new technology represents for traditional office employment, underlining the importance of robust employment growth to support occupier demand; • and finally, the sustainability of offices.
INDUSTRIAL: Retail users should continue to benefit from the dynamism of e-commerce. Logistics will face several challenges over the next few years. Investment will need to be made in both digitisation and robotics to improve supply chain efficiency and space optimisation. The obsolescence of certain buildings that have not made the transition will accelerate.
RESIDENTIAL: The housing market has favourable fundamentals. Indeed, the imbalance between supply and demand for housing will fuel price growth under the combined effect of an easing of conditions for access to credit, a normalisation of inflation on real household income and a gradual fall in lending rates, in line with ECB policy.
RETAIL: While we are optimistic about sales, many challenges remain for the sector due to persistently high borrowing rates, household incomes eaten away by hyper-inflation, and rising bankruptcy rates. Physical retailing will continue to have to coexist with e-commerce.
Investment principles & strategy
Praemia REIM aims to provide strong and sustainable value for our investors over the long term by building resilient real estate portfolios, guided by a conviction-based allocation approach and in-depth knowledge of our target sectors.
Our vertically-integrated pan-European platform, with experts located in local markets, enables us to source, execute and manage the best opportunities for our clients.
We also believe that it is possible to combine the objective of generating an attractive yield with environmental and societal interests within the same real estate strategy. This is because investing in real estate is not just about investing in bricks and mortar, but also investing in the foundations of society.
A pioneer in socially useful investments, Praemia REIM is Europe’s foremost healthcare and education real estate manager with more than €18bn AUM in these sectors alone. Our portfolio is weighted towards sectors and assets which benefit from both economic and societal trends.
Strategic corporate development
As a major asset management player in Europe, Praemia REIM intends to continue its development based on an enriched range of products (for both individual and institutional investors) meeting the new expectations of investors in terms of investment themes and performance profiles, as well as by accelerating the internationalisation of its activities.
With an existing team of 550 employees across the continent, specialized by asset classes and covering the entire real estate value creation chain (acquisition, asset management, fund management, property management), Praemia REIM is well positioned to benefit from the opportunities to come in the next market cycle.
Performance verification
The performance of some of our funds and assets is compiled, calculated and verified by MSCI.
COMPLIANCE STATEMENT
Each of our entities has a designated compliance officer. All regulated issues are subject to compliance approval. The Data Protection Officer of Primonial REIM supervises and ensures all entities are compliant regarding the GDPR issues.
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