Sole Financial Adviser to Angelo Gordon

Kempen is pleased to announce the successful sale of NRW residential portfolio by Angelo Gordon

• Angelo Gordon sold a package of three residential portfolios located in North Rhein Westphalia in two tranches: the first to Velero, and the second to Forte and Proprium
• With a total of more than 4,700 units, this transaction was the largest German residential sale in 2017/2018
• Kempen was sole financial adviser to Angelo Gordon

Angelo Gordon is a US-based privately held investment adviser founded in 1998 that manages $28 billion of assets. The firm has been buying direct real estate for over 20 years, including acquisitions in Europe of over $1.8 billion, Angelo Gordon recently raised a new European real estate Fund. Angelo Gordon has previously completed more than 35 transactions in a variety of European jurisdictions and is currently actively investing in three real estate funds with approximately $3 billion of committed equity, including a dedicated European vehicle.