Primevest Capital Partners is a pan-European investment manager that specialises in innovative strategies for investing in real assets. Our vision is to make our cities future-proof by achieving better connectivity, mobility and urban viability. We do this through investments across Europe in modern, affordable housing, communication infrastructure and mobility solutions. Our investment philosophy is based on ongoing urbanisation and the necessity to facilitate the modern needs of urban communities. In this way, we contribute to improving the quality and sustainability of modern life.

From our offices in Utrecht and Berlin, a team of 70 professionals manage €3 billion in assets including sector-focused funds, individual institutional mandates and a number of funds targeting private investors as well as family offices following acquisition of the Holland Immo Group. Primevest Capital Partners is part of Primevest Capital Partners Holding B.V.

Sector forecasts

Residential

Residential real estate investing has come of age, but shortfalls in rental housing supply relative to strong demand across many major cities in Europe mean there is still plenty of opportunity for experienced investors to meet this need and to also play a role in enabling the development of our cities.

Increasing urban density combined with constrained land supply are making new homes more compact and driving the evolution of contemporary formats. This is already evident with the emergence of micro-living apartments which are becoming more mainstream as people seek affordable and modern homes in the most popular urban destinations. These new housing concepts all bring different demands such as collective meeting rooms, private outdoor areas, in-house recreation and workspaces; kindergartens and schools on-site; Integrated medical facilities and e-commerce hubs. Some, or all, of these facilities may play a role in new developments for the enablers of modern living, especially in a post-Covid-19 pandemic world. This residential evolution is not just confined to younger generations, older people too are moving back into cities – often into purpose-built senior living complexes, near to all the amenities that urban centres offer.

Car Parks:

Car parks will remain an essential feature of our urban realm. We foresee a number of advances, some driven by social and environmental needs and others by technological advances that will continue to protect and enhance the value of these assets. We envisage car parks turning into ‘mobility hubs’, becoming essential urban infrastructure supporting the evolution of our cities.

Environmental and Social

  • Improving cityscapes by removing on-street parking and replacing this with greener and more welcoming urban spaces, as has been implemented in cities such as Amsterdam and Oslo, means that demand for off-street parking increases. By parking and then accessing the city though more city-centric modes of transport, such as bicycles, electric trams and buses, pollution and congestion can be reduced. Car parks also have low levels of environmental impact because their energy consumption is relatively limited.

Technological

  • Smart car parks already feature in many cities today, where urban authorities and operators cooperate to optimise their use with technology. This too has a positive effect on congestion and the environment by directing drivers to the nearest available parking space. The introduction of 5G networks will speed up this process

  • Electric-car charging hubs – as more and more electric and hybrid vehicles are introduced, there is a corresponding rise in demand for charging points and many car parks are now offering this service.

  • Last-mile delivery – Pick-up lockers, last-mile storage and air-conditioned units can be included in car parks, enabling a centralised delivery point for large vehicles to drop off packages, which are then delivered by less-polluting vehicles, or collected by the end user at their convenience.

Communication Infrastructure

Investing in telecommunication infrastructure is still in its infancy. But as recent events have shown, we are all now heavily dependent on these assets to manage our daily lives.

As we look to the future of cities, fifth-generation broadband and mobile towers will be essential if we are to have sufficient capacity to distribute and manage the data that will be needed. Already consumers use apps on their phones to regulate the lighting and heating in their homes. Most of us stream our entertainment directly to our phones, computers and televisions. Adoption of e-commerce has accelerated. Working virtually has become, and will remain, commonplace since the attraction of home working has been boosted by the pandemic, with employers seeing that productivity levels remain unchanged and that for many, quality of life has been improved through the reduction in commuting. People will return to their offices, but perhaps not on a daily basis. This will have a beneficial effect by reducing congestion in our cities and on our road and rail networks. 

Fibre-optic cabling is more energy efficient than old copper wiring and smart lampposts where we can charge our cars, transmit data, or survey the urban realm, will help us to reduce our impact on the environment and deliver improved safety and security.Smart phones, smart homes and smart cities all need access to data, delivered through fixed communication infrastructure. At Primevest Capital Partners our investment in that infrastructure is enabling connectivity.

Investment principles & strategy

As a specialist, boutique investment management company, Primevest Capital Partners takes a refreshing approach to its sustainable and long-term relationships with investors. Our ambition is to provide a distinctive level of service, nurturing and growing long-term relationships. Some of our investor and client relationships are lasting more than 10 years already which speaks to our sharp customer-focus and trustworthy service. Attention to Governance, high levels of transparency and strong commitment to performance and ESG are the core of all our activities and client relationships. 

Primevest Capital Partners aims to advance the development of future cities by investing in, contemporary affordable housing, communication infrastructure and car parks, translating into the three pillars of urban living, connectivity and mobility that underpin our investment philosophy. In the following we believe in active asset management in order to implement relevant ESG measures and preserve capital as well as to allow for enhancement of regular distributions and future capital growth. 

For all our fiduciary managed assets we run regular hold/ sell analysis to capture growth and performance for our investors.

Strategic corporate development

The evolution of our urban realm is being driven by demographic, economic, social, technological and environmental changes which in turn are fundamentally transforming the way we live, work and spend our leisure time.

We are frontrunners. One of the first to invest in car parks, we spotted the opportunity here nearly 20 years ago. Car parks have now grown to become a recognised asset class in their own right, providing secure long-term investment returns. Today, beside car parks and our residential mandates, we invest in new communication infrastructure, which will underpin the development of cities and which we believe will become ever more important as our use of data continues to grow.

In 2018, according to the UN’s World Urbanisation Prospects report, nearly three quarters of Europe’s population lived in urban areas.

The challenges presented by the increase in urban density, driven by the relentless growth of people moving to cities is threefold:

  • Affordability
  • Lack of space
  • Provision of an optimal internet connection

At Primevest we are helping to solve these issues, by delivering modern and affordable accommodation, offering off-street parking spaces which frees up public space for citizens and by investing in high-quality communication infrastructure.

Performance verification

Primevest performance information is compiled regularly and intends to follow industry benchmarks, but is not always audited by an external third party unless the performance information is provided by the service AIFM. However, all underlying Primevest performance data is reviewed as part of each fund’s/the company’s annual audits by independent auditors.

Compliance statement

This information is not intended to form the basis of any investment decision and to be considered as recommendation by Primevest Capital Partners (“Primevest”) in relation to an investment in any vehicle advised or managed by Primevest. Although care has been taken to ensure that anything stated here is fair, clear and not misleading none of the information provided are intended for general distribution. All statements of opinion, belief and all projections, forecasts or statements relating to future expectations, events or performance may involve significant judgement and assumptions based on Primevest’s assessment and interpretation of information available to date. Recipients should not place any undue reliance on any future oriented statement and Primevest resumes no obligation to provide any updated or revised statement or opinion of future events.