Invesco has won a mandate from UBS Global Wealth Management to provide UBS private banking clients with access to its global real estate investment capabilities. The partnership will enable the bank’s clients in Switzerland and other select markets across Europe and Asia to invest in Invesco’s real estate strategies, selected co-investments or direct real estate investments worldwide. It has been launched to satisfy a growing appetite from clients for income-producing strategies with a stable return profile.

Invesco has US$63.6 billion in direct real estate and US$19.9 billion in listed real estate, managed by more than 580 real estate professionals globally.

Marty Flanagan, president and chief executive officer of Invesco, says: “We are truly delighted to be announcing this new partnership and mandate from UBS to deliver our world-class real estate capability. The offering has been structured specifically for UBS and its clients with a view to delivering a stable, attractive level of income over the long term.”

Bruno Marxer, head of global investment management at UBS Global Wealth Management, adds: “This partnership reinforces our commitment to provide our clients with the best of what UBS has to offer, while also giving them exclusive access to solutions from leading partners. This allows them to gain exposure to unique and attractive investment ideas in tune with pivotal market trends.”