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New York’s Arch Street Capital is Expanding to Europe With New London Office
New York-based Arch Street Capital Advisors, a real estate investment advisory firm founded in 2003, has opened a London office in the city’s swanky Mayfair district as part of an initiative to extend its reach from the U.S. to European commercial real estate investments.
Arch, having transacted over $9 billion of properties, will look to execute investments throughout Europe in a similar manner to its U.S. strategy, focusing on high yield opportunities of size and scale across all sectors including net leased / long lease opportunities, with a minimum investment size of Eur 100 million.
Arch has a flexible capital mandate and will look to acquire assets directly, recapitalize opportunities, and establish programmatic joint ventures. Arch will also look to execute on cross border portfolio transactions between the U.S. and Europe.
The office will be headed by Managing Director, Richard Ellis, who has extensive experience investing in commercial real estate throughout Europe. Prior to joining Arch, Richard co-founded and managed Amiri Capital (“Amiri”) for 14 years, a European commercial real estate investment firm with offices in the UK and UAE, focused on investing capital on behalf of foreign institutions.
While at Amiri, Richard invested and managed a portfolio in excess of Eur 2 billion across a variety of real estate sectors. Prior to the founding of Amiri, Richard was an investment banker and management consultant, graduating with a Bachelor’s degree from the University of Oxford and an MBA from INSEAD.
“I am delighted to be joining the Arch team to strengthen its European investment capability, particularly during these unique times where Capital Partners want the flexibility to adjust their allocations across regions in response to compelling investment opportunities.”
