Real Estate

Drawing on our experience in structuring and managing real estate solutions, we help you achieve long-term diversification.

building-close-up

Over 40 years' expertise in European real estate markets

We provide you with:
 

  • A broad range of real estate investment solutions: closed-end and evergreen funds, dedicated funds, club deals and joint ventures, mandates, funds of funds and tailor-made solutions.
     
  • Full-spectrum coverage of real estate assets: offices, retail, logistics, healthcare, hospitality, residential, etc.


Mindful of environmental and social challenges, we incorporate our responsible investment policy at every stage of the real estate lifecycle.
 

Over 40 years' expertise in European real estate markets

Real Estate - Antoine Aubry - EN

A leading real estate fund manager1

€32.4 billion

in assets under management2

121

dedicated professionals2

+1,200

assets in Europe2

Why invest in real estate?

  • Low correlation with traditional assets, helping to reduce volatility and optimise the risk-return profile.
     
  • An additional diversification lever, due to diverse real estate sectors and geographical markets.
     
  • A tangible asset that offers steady income stream and relative protection against inflation3.


Diversification won’t ensure gains or guarantee against losses.

An overview of selected real estate investments 4

ARA - Real Estate - Hekla France - vignette

Hekla Tower

76,000 m2
Office
Paris-La Défense, France
ARA - Real Estate - The 3 suns - France - Vignette

The 3 Suns Clinic

12,400 m2
Hospital
Boissise-le-Roi, France
ARA - INK Hotel - Netherlands - Vignette

INK Hotel

5,400 m2
Hotel
Amsterdam, Netherlands
ARA - Real Estate - Volkingen - Vignette

Völklingen

12,478 m2
Logistics warehouse,
Sarrebruck, Germany

Access the full range of our real estate strategies

  • We offer investment solutions adapted to your constraints (risk, liquidity, tax) while seizing market opportunities.
     
  • We also develop engineering solutions to meet your specific real estate needs: delegated management, real estate exposures, outsourcing, co-investment and asset optimisation

 

ARA - Real Estate - Tailor made investment solutions

  • We invest in senior secured debt  across the Eurozone and the UK, spanning all key sectors. Through in-depth sourcing and a selective model, we target attractive returns with a highly defensive risk profile.

  • We also invest in listed European companies, providing indirect exposure to real estate markets, delivering additional geographic and sector diversification according to the types of assets held.

Responsible investment at the heart of our approach

Our commitment to sustainability rests on the integration of ESG criteria into the analysis and management of our real estate assets5.

Our assessment of extra-financial performance, specifically designed for this asset class, covers all types of real estate assets (offices, retail, hotels, etc.).

ESG considerations are applied at every stage of our real estate asset management.

Responsible investment at the heart of our approach

ARA - Real Estate - Responsible Investment

Our commitment to a more sustainable world
We implement our responsible investment charter for all properties in our portfolios and for every new acquisition.

2025-12-05

Real Estate Responsible Investment Charter

|20.7 MB

Find our alternative & real assets

We manage 1,200 property assets in 12 countries
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Our expertise in alternative and real assets

Alternative & Real Assets

Private Debt

Private Equity

Infrastructure

Private Markets Multi-Manager strategies

Impact Investing

Alternative Fund Platform

1. Source: MSCi, Global Investment Managers in Real Assets Survey, November 2025 
2. Source: Amundi Immobilier as of 30 september 2025
3. Source: Amundi Investment Institute: Mid-year investment outlook; Private diversification still attractive
4. Real estate assets held by Amundi Immobilier on behalf of the funds it manages as of 31/12/2025.
5. Details regarding the rating criteria are available in the "Methodology" section of the Responsible Investment Charter available at:  https://www.amundi-immobilier.com/Notre-Engagement-Responsable