German fund Aquila lands in Valencia

The German fund, which is managed by Sven Schoel in Spain, plans to deploy over 350 million in the city of Valencia and develop new 1,300 flats. Aquila’s Spanish real estate development company, AQ Acentor, plans to carry out what is undoubtedly the largest residential urban development projected by a single entity in Spain.

Aquila Capital entered the Spanish market in 2014 through a JV with Inmoglaciar by means of which they acquired Sepes’ large land bank for €50M. The two companies put an end to their alliance last July after Cerberus’ majority investment in Inmoglaciar. Following investment meant the departure of the shareholders of Grupo Inmoglaciar from the companies they managed jointly with Aquila Capital, dissociating themselves from projects such as Gardens La Moraleja y Residencial Can Trabal Golf, which are now managed entirely by Aquila Capital under their new brand, AQ Accentor.

AQ Accentor has a portfolio of projects worth over €800M and a pipeline of over 3,000 new homes, of which around 500 are expecting delivery during 2018. The company has a team of over 40 professionals and is developing projects in Madrid, Barcelona and Malaga.

Aquila Group is an independent asset and investment manager with over 100 investment professionals in ten locations worldwide. The company was founded in 2001 by Dieter Rentsch and Roman Rosslenbroich.

Dr. Dieter Rentsch is Co-Founder of Aquila Group. He is responsible for investment strategies, investment processes and the research of the Group. Prior to founding the firm, Dieter was head of macro-economic research at MunichRe (MEAG). He has over 25 years of experience in the investment sector. He holds a PhD in nuclear physics from the University of Giessen.

Roman Rosslenbroich is Co-Founder and Chief Executive Officer (CEO) of Aquila Group. Roman has responsibility for the Group’s corporate development and strategy, key account management, audit and acquisition functions. Prior to founding the firm, Roman was head of the fixed income rates division at Salomon Brothers in Frankfurt. He holds a master’s degree in business from the Goethe University, Frankfurt.

The Aquila Group’s focus is on long-term and sustainable alternative investment solutions in the areas of infrastructure, renewable energies, real estate, forestry and agriculture as well as financial market investments. Aquila Group consists of two independently operating business units: Aquila Capital with its headquarters in Hamburg and Alceda Fund Management with its registered office in Luxembourg.