Founded in 2005, Foncière LFPI Europe (FLE), is the real estate branch of the LFPI Group. It manages a portfolio of around € 3 billion with € 2.599 billion AEM, spread over 237 buildings in Europe, occupied by 1,065 tenants, and € 289 million invested in 38 assets in the USA.
Managed by an experienced team with a local presence in each country, FLE has privileged access to investment opportunities. The teams have in-depth knowledge of the various target markets, as well as a proven ability to generate growth and deliver the expected return.
Supported by a solid financial structure, FLE has prudent financial leverage (less than 40%), with long-term financing.
FLE has a solid base of institutional investors spread across Europe.
The assets are mainly office buildings, well located and multi-tenant, as well as hotel and retail properties.
Their unit size is between 5 and 60 million euros. Particular attention is paid to the strength of tenants. In 2019, the rate of unpaid rents amounted to 0.66%.
FLE acquires individual assets as well as acquiring portfolios. FLE has a long holding policy and knows how to take advantage of cycles to arbitrate certain assets.
The LFPI Group’s strategy targets “core” to “opportunistic” investments in different asset classes (office buildings, shops, warehouses and hotels), located in well-established markets with a long holding period (average of 7 years ). Our objective is to maintain an annual net rental rate of return of over 6.5 %, with great geographic diversification and diluted rental risk.
The LFPI Group is pursuing a strategy of growing the real estate portfolio (+ 19.8% in 2019), the value of which should reach 3 billion euros in 2020. The new target is to reach AEM 5 billion euros by 2025.
This growth will be achieved in all of the LFPI Group’s current markets, whether through acquisitions of assets in Europe and investment in funds invested in real estate in the United States.
Christine commence sa carrière en tant qu’expert-comptable chez Axiom Conseil.
En 1999, elle rejoint Fonds Partenaires-Gestion, filiale de la banque Lazard, puis LFPI Gestion.
Elle est notamment en charge de la comptabilité et de l’administration des fonds français de Capital Investissement.
President, LFPI REIM
Engineer ESTP and Master of Science at the University College of London.
Frederic joined Mazars in 1998 as a Financial Auditor. He managed acquisitions at STAM EUROPE (on behalf of American funds such as Cargill, Westbrook, Cerberus Partners and German funds such as Allianz and DEGI) from 2000 to 2005.
He joined LFPI REIM (ex Foncière LFPI) at its creation in 2005 as investment manager and became Managing Director in 2007.
Financial Director, LFPI REIM (France) & FLE (Luxembourg)
Graduate of ICS water and chartered accountant
Hubert worked for seven years in major audit firms: Pricewaterhousecoopers, then Deloitte where he was manager in the audit department. He then joined the Icade group in 2000 as Head of the Consolidation Reporting Department. He was then appointed Director of Investments and Financing in 2004, then Chief Financial Officer of the Foncière Logements branch in 2005.
He joined the real estate division of the LFPI Group in February 2008.
Managing Director, LFPI Italia Reim spa
Stefano graduated in Economics & Financial Markets (CLEFIN) at Bocconi University, Milan (Italy). He served as an Asset Manager at T&S – Asset Management Company of Merrill Lynch/Colony Capital – and GE Real Estate between 2002 and 2007. At that date, he joined Generali Immobiliare Italia as Chief Investment Officer and then was nominated also Key Account Manager of the Group. At the end of 2010, he joined LFPI Italia Reim as Managing Director.
Founder, LFPI Group.
Graduate of HEC.
In 1984, Jérôme joined the mergers and acquisitions department of Lazard Frères in Paris, where he was appointed Director in 1993. He was appointed Managing Partner of Lazard Frères in 2001.
In 1995, he became Deputy Managing Director of Fonds Partenaires Gestion, then Managing Director in 1997.
In 2002, he participated in the creation of the LFPI Group.
Managing Director, FLE GmbH (Austria)
He holds a Master of Laws degree from the University of Vienna and a Doctor of Laws degree from the University of Salzburg and ELTE Budapest. He completed his postgraduate studies at King’s College London in 1998. After graduation, he became a partner at Wolf Theiss & Partners.
From 2000 to 2004 he was Head of the Legal Department at Immorent CR in Prague. In 2005 and until mid 2007 he joined Sparkassen Immobilien AG, Vienna, as Head of International Operations.
He became Managing Director of FLE GmbH in July 2007.
Investment Director, FLE GmbH (Austria)
Studies in International Business Administration (MSc) at the University of Vienna and the London School of Economics: Graduation 2014
Studies “Real Estate Asset Manager” at IREBS: Graduation 2017
PwC Transaction Services GmbH, Real Estate M&A
PwC Advisory Services GmbH, Real Estate Valuation
Brainlab Hong Kong, Finance & Control
Asset Partner AG, Real Estate M&A
Immogate AG, Project Development
Fabian Haupt’s area of responsibility covers the entire acquisition process for all types of real estate acquisitions in Germany, Austria and Eastern Europe.
Mr. Haupt acts as a key contact person for RE brokers and agents.
Senior Financial Controller, FLE GmbH (Austria)
András Ráduly is responsible for the financial management and control of the group, including budgeting and forecasting, as well as financial reporting. Treasury management is another important aspect of his work. He is responsible for liaising with external accounting departments and auditors.
CALIFORNIA. – Chartered Accountant (2011)
Financial Controller, FLE GmbH (Austria)
Andreas Weinbergmair’s area of responsibility is the control of Group finances and includes budgeting and forecasting as well as corporate reporting. Treasury management is another key area of responsibility. He also acts as an interface with the external accountants and auditors.Andreas Weinbergmair’s area of responsibility is the control of Group finances and includes budgeting and forecasting as well as corporate reporting. Treasury management is another key area of responsibility. He also acts as an interface with the external accountants and auditors.
Director of Heritage, FLE GmbH (Austria)
She graduated in 2005 in International Business and Business Economics at the University of Vienna and continued her studies with a PhD in Economics and Social Sciences, which she obtained in 2011.
While completing her PhD, she joined CA Immo International AG in 2007 and Europolis Real Estate in 2009.
In May 2010, she joined the FLE GmbH team as Head of Property Management.
Project Management / Technical Asset Management, FLE GmbH (Austria)
Area of responsibility:
Managing Partner , LFPI US LLC (USA)
Roland holds an MBA and a BA from the University of Chicago.
Roland joined the Mergers & Acquisitions department of Lazard New York, then Lazard Paris. In 2004, he joined the Real Estate Group of UBS, where he held the position of Managing Director. There he developed experience in sourcing, supervising due diligence, structuring and negotiating transactions totaling over US$20 billion for listed and non-listed real estate companies, private equity funds, hedge funds, family offices, pension funds and sovereign wealth funds.
In 2013, he joined the LFPI team as Managing Director in charge of the US business.
He holds a BA from UCLA.
Prior to joining LFPI, James was a senior credit analyst in the Investment, Asset Management and Fund Structure department at Moody’s . Prior to joining Moody’s, James worked at Medley Partners, an investment firm specializing in private equity, real estate and credit strategy investments and co-investments. He began his career at Lehman Brothers.
Vice President, LFPI US LLC (USA)
Graduated from Lehigh University in 2011 with a major in Finance.
Collin began his career at Blackstone in the Hedge Fund Solutions (BAAM) department. In 2014, he joined Allianz Real Estate of America and worked with the investment, mortgage origination and asset management teams. Collin is a CFA charterholder and CAIA accredited.
In 2016, he joined the LFPI US team as an Associate.
Senior Analyst Associate, LFPI US LLC (USA)
David joined LFPI in 2018 after graduating from EMLYON Business School with a major in Finance and Strategy. Prior to EMLYON, he held several analyst intern positions; including working at The Invus Group LLC and Quaero Capital SA. David holds a Master of Engineering degree from Ecole Centrale Lyon..
Graduated in Business Administration from LUISS Guido Carli University, Rome (Italy), she holds also a Master’s degree in Accounting, Financial Management and Control from Bocconi University, Milan (Italy) where she has done an internship at SDA Bocconi (Real estate finance executive course).
In 2009, she started her career at BNP Paribas REIM in the Italian Corporate Development department, followed by an overseas experience in the French Investment / Divestment team in Paris. From 2011, she worked for the Business Development team of Prelios SGR while in 2014 she was appointed Asset Manager for a fund reserved for qualified investors.
In 2016, Claudia joined LFPI Italia Reim as Investment & Asset Manager and since 2019 she has the position of Head of Asset Management.
Investment Manager, LFPI Italia Reim spa
Graduated in International Management at Bocconi University of Milan (Italy) and Master in Real Estate Management at Politecnico di Milano (Italy).
During his studies, he participated in exchange programs in China and California (US). He then joined the Cushman & Wakefield Accademy, where he was part of the Office Agency (landlord and tenant advisory), Office Capital Market and Industrial & Logisitics Capital Markets.
Since November 2018, Marco is part of LFPI Italia Reim as Investment Manager.
Asset Manager, LFPI Italia Reim spa
Master’s degree in Building Engineering – Architecture at Politecnico di Milano (Italy), during which he carried out different stages in Italy and abroad.
In 2017 he started his career working as integrated designer (Architect – Engineer) at the studio BE.ST in Milan.
In 2019 he entered the world of real estate management working as Technical Manager in Prelios Integra spa, where he was responsible of more than 160 assets of different typologies and dimension, with a specific focus on multitenant office buildings.
Davide joined LFPI Italia Reim as Asset Manager in June 2021.
Investment Analyst, LFPI Italia Reim spa
Graduated in Economics and Management from the LUISS Guido Carli University, Rome (Italy), with an exchange program at the London School of Economics (LSE), London (UK). Subsequently, he obtained a double degree from LUISS Guido Carli (MSc in Corporate Finance) and Tilburg University (MSc in Finance at the School of Economics and Management – TiSEM), Tilburg (Netherlands).
In September 2020, he started his career working in the Equity Research – Infrastructure & Renewable Energy team at Kempen & Co., Amsterdam. From March 2021 he carried out a second internship experience at Euronext, Brussels (Belgium) in the Equity Listing team while from July 2021 he carried another internship experience in the Capital Markets – Office Investment Properties team of CBRE, Milan. Since February 2022, Nicholas has been part of LFPI Italia Reim as an Investment Analyst.
Bachelor’s degree in Architecture and Building Construction and Master’s degree in Management of the Built Environment at Politecnico di Milano (Italy).
In 2013 he started his career working for Regione Lombardia at D.G. Territorio e Protezione Civile – U.O. Department of Programmazione Territoriale e Paesistica. From 2014 he held the position of Property Manager at CBRE, focusing on office portfolios.
Matteo joined LFPI at Italia Reim as Asset Manager in September 2018.
Asset Manager, LFPI Italia Reim spa
Graduated in Law at the University of Milan (Italy), she also holds a Master in “Business Law” from Il Sole 24ore Business School.
After a brief experience as legal generalist in a Milan law firm, in 2016 she joined the Carrefour Group as In-house counsel, beginning her career in real estate. Later, she spent few months as Property Manager at the Fondazione Patrimonio Ca’ Granda, before joining the LFPI Italia Reim team in 2019 as Asset Manager.
Office Manager, LFPI Italia Reim spa
Graduated in Economics at the University of Turin (Italy), Cristina has worked in marketing, communication and sales for international groups, consulting companies and start-ups.
Since 2019, she is Executive Assistant and Office Manager at LFPI Italia Reim.