Friday, 22 August 2025
Revetas Group, a global real estate firm specializing in special situations, has been appointed to manage the repositioning of a $4.0 billion US property portfolio owned by a German investment manager representing several German pension funds and institutional investors.
The mandate follows a strategic review and aims to adapt the portfolio to current market conditions. Revetas will assume management of the US-based management company overseeing the assets, bringing governance, restructuring, and capital markets expertise to the process.
The portfolio comprises life sciences, multifamily housing, student accommodation, partially completed developments, and offices across several major US cities. Revetas’ role includes evaluating individual strategies for each property, ranging from repositioning and refinancing to selective sales and capital restructuring, while ensuring continuity for tenants, lenders, and partners.
“Revetas has been mandated as an independent fiduciary to maximize value for all investors in the portfolio,” said Eric Assimakopoulos, Founding Partner of Revetas Group. “By combining investors’ platform knowledge with Revetas’ operational toolkit, we can identify the most suitable solutions for each asset.”
To support the process, Revetas has partnered with Marty Burger, Founder and CEO of Infinite Global Real Estate Partners and former CEO of Silverstein Properties. Burger will work alongside Revetas in leading the turnaround program.
Burger commented that the current environment, shaped by post-pandemic repricing, presents opportunities for institutions to address legacy challenges while repositioning portfolios for long-term growth.
Revetas, founded in 2002, has managed more than $6 billion in real estate investments across Europe and the US, with a focus on value-add, distressed, and special situation strategies. Recent mandates include €600 million in institutional capital from South Korea for investments in the US and Europe.
