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Savills IM, EDF Invest Partner to Acquire €600M European Living Assets

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Savills IM & EDF Invest Acquire €600M Assets - Business Honor

Business Honor
10 November, 2025

Strategic joint venture targets multifamily and student housing across Europe with ESG focus

Savills Investment Management and EDF Invest have entered into a significant strategic partnership to acquire and manage a portfolio of multifamily and student accommodation assets in Europe for more than €600 million during the next two years. The partnership will also see EDF Invest take a 50 percent stake in the holding company of Savills IM's European Living Fund, EULIV. The venture is seeded initially with EULIV’s €220 million portfolio of prime multifamily assets across Germany, the Netherlands, Spain, and Sweden. This is one of EDF Invest’s first major forays into the European living sector. EDF Invest is the €1 billion investment arm of Électricité de France and currently manages a €1.5 billion real estate portfolio.

Clémence Caniaux, the head of real estate at EDF Invest, said the partnership makes the group's exposure to the European residential market stronger and also underlines its long-term investment strategy. Philippe Berrin, the investment director at EDF Invest, said that this partnership underlines confidence in the resilience and growth potential of the European residential sector, positioning the firm for the creation of value over the long term across the continent. Savills IM manages a €22 billion European platform and currently manages a portfolio valued at €2.8 billion with over 9,000 residential-rental units in the UK, Europe, and Japan. Launched in 2023, EULIV focuses on modern, sustainable residential assets across Europe, with backing from minority shareholder Samsung Life.

Marc Gonzalvez, product and strategy director at Savills IM, said the joint venture underlined the ability of the firm to create tailored capital solutions for investors with similar mindsets to its own. Patrick Au Yeung, EULIV's senior fund director, indicated expansion into new countries and residential sub-sectors will be pursued in the likes of Denmark, Italy, and Ireland, but not without a focus on ESG credentials and resilient long-term growth. This transaction reflects the increasing investor demand for European residential real estate, particularly in the multifamily and student housing sectors, as demand for high-quality, sustainable rental properties continues to grow.