Specialist real estate asset manager PMM Group rebrands as QSix as it looks ahead to next phase of growth
- Property Adviser to listed Phoenix Spree Deutschland and Investment Adviser to a growing number of successful real estate equity and debt strategies
- Also today announces that it has advised on the acquisition of a €830 million portfolio in Berlin, highlighting breadth of network
- Track record of delivering attractive, risk-adjusted returns through originating differentiated investment opportunities in real estate debt and equity
- New brand reflects the Group’s ambition as it enters its next phase of growth
PMM Group, the specialist real estate asset manager, is pleased to announce that it has rebranded as QSix. The new name and brand reflect how the Group has evolved from a small partnership with a single strategy since founding in 2006. Today it is an international, leading real estate asset manager, with a track record of originating and driving attractive returns from differentiated debt and equity real estate opportunities.
The rebrand reflects the Group’s ambition as it targets further growth through new and existing pan-European alternative real estate strategies that balance the aim of achieving attractive returns for investors while making a positive contribution to society. This includes building on its experience and understanding of profitable investment opportunities by expanding into new and complementary areas such as Affordable Housing, where there is a shortage of private capital and opportunity to drive positive social impact.
In tandem with announcing its rebrand, QSix is today pleased to announce that it has advised on the acquisition of a €830 million portfolio in Berlin, Germany by Heimstaden Bostad, a Swedish-based, European real estate investor. QSix acted as transaction adviser on behalf of the seller, a UK based investor, to market the Berlin portfolio of 130 properties comprising 282,000 square metres of lettable area. QSix’s role in this transaction demonstrates the significant combination of its deep real estate expertise and the breadth of its international network in delivering this outcome.
The new name, QSix, refers to its unique and collaborative approach to uncovering new opportunities and making tailored, complex investment strategies accessible to a wide range of institutional investors. The six key questions – who, why, what, where, when and how? – describe the firm’s research-driven and inquisitive approach to sourcing deep value investments.
Since founding, QSix has developed an institutional-grade investment platform and built a strong track record of attractive long-term investments. These have been delivered through its combination of rigorous research, in-depth analysis and collaborative, deep real estate sector expertise. The firm’s approach is underpinned by leading-edge technology, with data-driven reporting giving investors the ability to monitor their investments in real time.
QSix has grown to hold over £1bn in assets under management following the launch of three successful strategies including Phoenix Spree Deutschland, a listed £320 million (market cap as at 15 September 2020) Berlin-focused residential property fund which has delivered a 163% total return since listing in 2015 (as at 30 June 2020).
As we have evolved from a single strategy and small partnership in 2006 into a leading specialist real estate asset manager with a number of successful strategies. Our new name and refreshed brand identity reflect not only our growth ambitions but the excellent, industry-leading platform we have built to drive that next phase of growth in a measured way. The name QSix embodies our innate curiosity and agile, tailored approach to sourcing unique real estate investment opportunities for our investors, who we place at the heart of what we do. I’m delighted with our success to date and excited for our future as QSix. We will continue to grow and deliver on our aim of offering investors the opportunity to access positive risk-adjusted returns, and balance those returns with social responsibility, over the long term.Mike Hilton
Managing Partner at QSix