The real estate activity of Borletti Group was launched as a separate division in 2014 with the implementation of an opportunistic investment strategy beyond purely retail related assets.
Borletti Group is mainly focusing on Pan European small and mid size assets (5 to 50m EUR) with a value added approach.
Our value added approach aim to enhance investment returns through an active management of properties that may include refurbishments, leasing up of vacancies, change of tenants or repositioning.
Investments are currently concentrated in two verticals:
Borletti group is also actively looking at Co-living and co-working opportunities as well as at new business models to improve real estate yields.
In the real estate strategy Borletti Group can invest alone or together with co-investors depending on the size of the asset.
Operating from London and Luxembourg, Borletti Group’s Private Equity division is a team of successful managers with entrepreneurial, industrial and financial backgrounds. The team has expertise in investing in three core sectors: retail, luxury/branded consumer goods and real estate with a retail component.
Since 2005, Borletti Group has led acquisitions that total over €3bn:
Borletti Group makes investments in buy-outs, acquiring stakes in mid-sized companies within its core industry sectors.
These investments typically include leveraged buyouts and other types of private equity transactions, including co-investments. Borletti Group differs from many other private equity groups because it adjusts its investment horizon to suit the investment needs. This means that there are no maturity constraints on exit time, an approach that has resulted in an excellent track record of returns for co-investors.
Borletti Group focuses on three core sectors:
– Retail with a particular focus on department stores
– Luxury and branded consumer goods
– Real estate with a retail component
Borletti Group has a deep understanding of the sectors in which it invests. The Group brings a strong entrepreneurial approach to its investments and works with leading management teams to realise the full potential of the portfolio companies. The Group takes an active role in all investments, leveraging its network in targeted industries and using specific knowledge of industries to create a bespoke approach to achieve better results. Its aim is to act as support and accelerator of the companies’ CEOs and management teams. However, while Borletti Group participates in key strategic decisions it does not take a direct management role, leaving companies’ management teams in charge of the day-to-day operations.
Borletti Group’s role with both Printemps and la Rinascente proves that this is a winning approach. In both cases, Borletti Group played an active role in driving the business plan and successfully:
Leading Italian department store with over €300m sales, 5,500 employees and a prime real estate portfolio
Borletti Group’s Influence/Strategy
Leading French department store chain with €950m sales, over 5,000 employees and a prime real estate portfolio
Borletti Group’s Influence/Strategy
Operator of the 14 largest train stations in Italy with over €100m revenues, 95,000sqm of commercial area and 750m yearly visitors
Development of a contemporary and innovative Outlet Village in San Marino to create the “Next Shopping Experience”, involving leading fashion brands
The asset management activity of Borletti Group was launched in 2013 with the creation of Borletti & Partners as a Luxembourg-based investment manager. This operates as a separate division distinct from the private equity and real estate operations.
Borletti & Partners launched a proprietary Sicav SIF structured in 3 different compartments:
This fund is managed internally and it is investing in listed equities operating in Retail, Luxury and Lifestyle sectors globally.
This fund is managed though a multimanager approach with open architecture, actively selecting external investment managers and funds focusing on fixed income, yield and low volatility strategies.
This fund is managed though a multimanager approach with open architecture, actively selecting external investment managers and funds focusing on Equities, and alternative strategies.
Outside the funds, the asset management team is also selecting and investing directly the assets of the group in less liquid investment strategies like private debt.