BIL teams with Quilvest Capital Partners to expand real estate investment offering
Banque Internationale à Luxembourg is expanding its range of real estate investment products by teaming up with alternatives platform Quilvest Capital Partners.
While bond yields are stuck at historic lows, valuations of other traditional asset classes seem to have peaked. In this world of low returns, investors are keen to diversify their portfolio with long-term investments. The private markets, especially real estate private equity, are where institutional investors and family offices have long turned to in this type of financial environment.
Following an initial successful foray in private equity, which demonstrated the keen interest of the Bank’s clients for alternative investment opportunities, BIL is expanding its real estate investment offering.
The advantages of this asset class are undeniable. As well as solid growth potential, the sector is also a means of diversifying investment portfolios, alongside traditional equities and bonds. Moreover, some real estate strategies have the additional benefit of being less exposed to economic cycles and helping protect investors’ capital against inflation over the long term.
In order to offer its clients the best solution in this class, BIL’s partner of choice is Quilvest Capital Partners, a highly regarded firm in alternative assets management with a track record spanning over more than 45 years. The aim of this partnership is to offer clients “value-add” real estate investments in Europe.
“The current situation on financial markets is particularly complex and investors are keen to find innovative solutions. We are convinced that our offering developed with Quilvest Capital Partners will meet our clients’ needs,” explains Fabien Machard, Head of UHNWI Entrepreneurs & Intermediaries at BIL.
“We’re delighted to work on this real estate investment offering with BIL, one of our major long-standing partners. We specialise in “value-add” strategies that focus on modernising and repositoning properties across a range of commercial real-estate segments to become ESG-compliant. This strategy offers, in current low-rate environment in Europe, an attractive risk adjusted return,” says Emile Zakhia, Head of Business Development at Quilvest Capital Partners.