Bankinter Investment has announced the launch of Horizon Estate, a new alternative investment vehicle that will focus on prime international real estate assets. This is the entity's first global scale investment fund.

Horizon Estate is the result of a partnership between Bankinter Investment and Partners Group, which will act as managing partner of the fund and co-invest with Bankinter, together representing more than 10% of the targeted investment volume.

The new fund's investments will focus on key real estate assets, with the potential to reposition and create value through various strategies, such as improving operations and long-term sustainability. The portfolio will cover diverse sectors, including industrial and residential properties, student housing, healthcare spaces and data centres.

Horizon Estate's initial target is to reach €100 million of committed capital from Bankinter's high-net-worth clients and institutional investors. The minimum investment in this fund is 200 thousand euros.

The geographic distribution of assets will be predominantly in the United States and Europe, but may also include locations in Asia and Australia. The fund expects a sectoral distribution of approximately 40% in selected residential assets and 30% in other types of real estate. The estimated duration of the fund is eight years, including an investment period of three years.

Since 2016, Bankinter Investment has launched 26 instruments, including seven in Portugal, with committed capital approaching €5 billion in Spain and Portugal. This value, when linked to project financing, represents a portfolio of assets under management of approximately €8 billion, with an expectation of reaching €10 billion when all instruments are fully invested.