Round Hill Capital
Round Hill Capital LLC (RHC) is a fully integrated real estate investment and management company founded in Delaware, United States of America.[1]
Founded | Delaware, United States |
---|---|
Founder | Michael Bickford |
Headquarters | London , UK |
Number of locations | 14 offices worldwide |
Area served | Worldwide |
Services | Real Estate Investment and Management |
AUM | $6.8 billion |
Number of employees | More than 230 employees globally |
Website | www.roundhillcapital.com |
The company has 14 offices globally in the UK, Germany, the Netherlands, Luxembourg, Spain, Sweden, Ireland, Singapore and the United States.
Since its founding, it has invested more than $6bn in European real estate.
History
It was founded in 2002 by Michael Bickford, a former Morgan Stanley Real Estate Funds professional.[2]
In 2007, Round Hill Capital acquired the Vitus Group, a German residential real estate operator with over 30,000 apartments in seven countries.[3] Vitus was acquired for 1.3 billion euros ($1.8 billion U.S.).[4]
In 2012, Round Hill Capital acquired the Nido Student Living portfolio from The Blackstone Group.[5] The portfolio comprises 2,500 student beds in three towers in Central London, including the world's tallest student accommodation building at Prodigy Living Spitalfields.[6]
According to Reuters, as of October 2013, Vitus's enterprise value was 1.2-1.4 billion euros ($1.6-1.9 billion USD). At that time the company had 30,000 apartments. Reuters stated that month that according to four individuals, Round Hill was considering how to sell Vitus.[7] In December 2013, according to Reuters, its sources stated that Round Hill and its fellow co-owners of Vitus Immobilien were in negotiations with Deutsche Annington on selling Vitus to the latter.[4]
Round Hill Capital has also acquired office buildings across Europe, including eight buildings totaling 2.5 million sq ft in Germany, Belgium, Netherlands and Austria.[8]
References
- "Contact Us." Round Hill Capital. Retrieved on 10 April 2014. "250 Kings Road London SW3 5UE United Kingdom"
- "About Us." Round Hill Capital. Retrieved on 9 April 2014.
- "Blackstone makes German exit." Property Week. 12 July 2007. Retrieved on 10 April 2014.
- "Round Hill in advanced talks to sell German property firm -sources" (Archive). Reuters at Yahoo! News. 12 December 2013. Retrieved on 10 April 2014.
- "M&G in £266m property financing deal." The Financial Times. 2 May 2012. Retrieved on 10 April 2014.
- "Round Hill hopes Europe digs Nido student model." Property Week. 8 November 2013. Retrieved on 10 April 2014.
- "Round Hill weighs options for 1.2 bln German property firm-sources" (Archive). Reuters. Tuesday 8 October 2013. Retrieved on 10 April 2014.
- "Funderbeam". www.funderbeam.com. Retrieved February 20, 2018.