Barings today announced the signing of a share sale agreement to acquire 100% of Altis Property Partners (Altis), a leading real estate firm based in Australia. The parties expect to close the transaction on September 1, 2022.
With over 200 investment professionals across 16 offices in 9 countries, Barings has extensive experience and a strong track record of managing real estate investments in the U.S. and Europe. Barings’ global real estate platform provides a broad spectrum of solutions across real estate debt and equity, managing total AUM of US$ 48.9 billion [1].
Upon closing, Barings adds 44 professionals with expertise in real estate equity and A$6.079 billion AUM, primarily focused on value-add strategies that complement Barings’ real estate debt team in Australia. Altis’ executive directors and staff will remain with the firm following the acquisition.
