Global Mutual, a leading real estate investment manager, today announced the launch of Global Mutual Hotels, following the acquisition of Okami Hospitality Partners, a specialist hotel investment and asset manager.
The new platform will partner with both existing and new investors to acquire hotels and generate attractive risk-adjusted returns through disciplined asset selection and active asset management. With €500m assets under management, Global Mutual Hotels will continue to operate across Europe followed by expansion into the USA, Middle East and Asia.
This acquisition leverages Global Mutual’s scale and capital strength alongside Okami’s proven sector track record and deep hotel relationship network.
We are incredibly excited about the launch of Global Mutual Hotels, the Okami team bring operational expertise and entrepreneurial spirit which perfectly aligns with our approach. With the volatile macro environment and our skills, we see a growing opportunity set in the sector to create compelling value for our investors. Ritchie Gardiner, Managing Director at Global Mutual
We are honoured to join the Global Mutual family, and thrilled to maximise the potential of our expertise with the support of Global Mutual’s reach, capital and strategic capabilities. We remain dedicated to delivering excellent asset performance on behalf of our investors, now strengthened by this new platform. Javier Batlle, Managing Director at Global Mutual Hotels
The launch of Global Mutual Hotels marks the next stage in the company’s growth, as it builds and grows specialist sector platforms to execute identified investment themes that deliver superior investment performance.
About Global Mutual
Global Mutual is a leading real estate investment management firm active in Europe, the USA and Asia. Founded in 2008, Global Mutual is a fully integrated platform managing a £5 billion portfolio comprising of assets across the retail, office, industrial, residential, storage, car parks, life-science, leisure and hotel sectors. For more information visit globalmutual.com.
