NorthStar Realty Europe Corp. (NYSE: NRE) is the only NYSE listed real estate investment trust (REIT) focused on prime office properties located in key European office markets within Germany, the United Kingdom and France.
This focus supports our objective of generating a stable and recurring income stream for distribution to our shareholders, supplemented by capital growth over time.
- Invest in prime office properties in key gateway cities, focused within the established markets of Germany, the United Kingdom and France.
- Target long-term viable assets with a goal of generating stable and recurring levels of income, with potential for capital growth through active asset management.
- Long-term investment approach. Moderate leverage target of 40-50% loan-to-value over time.
- Capital recycling plan underway to divest primarily non-strategic properties over time.
- Experienced local teams with established networks and a proven track record of successfully sourcing, managing and divesting properties.
- Our prime office properties have a strong income profile which may position us to benefit from a continued recovery in Europe while maintaining defensive measures to weather unforeseen market volatility.