The owner-managed investment manager Capital Bay raised around EUR 600 million in equity from institutional investors and family offices in 2020. The transaction volume realised amounted to 1.8 billion euros.
A total of 163 properties were purchased, including 135 commercial properties with around 1 million square metres of rental space, 158 flats and 22 serviced living properties in the hotel, care, student accommodation and microliving segments. Capital Bay's Serviced Living segment grew by over 20% to 8,200 units over the course of the year. The properties are managed by the company's own operating company 360 Operator. The company cites property and facility management as the basis for further growth. New mandates totalling a three-digit million amount were added in 2020.