Real Estate Limited Partner Institute credits 'pent-up demand' for European expansion

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The Real Estate Limited Partner Institute is expanding in Europe. | Photo by Christina @ wocintechchat.com on Unsplash.

A New York-based company known for its commitment to the worldwide institutional investment community for the commercial real estate class has expanded operations in Europe.

Jonathan Schein, Real Estate Limited Partner Institute CEO and executive director, said the company has expanded to the United Kingdom and other European countries, in a Jan. 4 press release.

“Our success and expansion reflect the pent-up demand for in-person gatherings and virtual meetings of informed, high-level executives to share insights, ideas and transparent conversations devoted to best practices in institutional real estate asset allocation and investment,” Schein said. “In less than six months, the RELPI community has grown to include more than 125 pension funds, endowments foundations and family offices, as well as more than 50 fund managers.”

According to the release, the company is developing operations in Chicago, Los Angeles and Cleveland, with its aligned programs series first introduced at events hosted last year in Austin, Texas, New York and Philadelphia.

The company also announced the appointment of Arno Van Grondelle as CEO of RELPI Europe, the release stated.

"Arno’s wealth of knowledge, experience and relationships in the European investor and LP arena will solidify RELPI’s fast mover status in the industry,” Schein said. "His professionalism and market acumen will make a great addition to our growing platform designed to connect key players for the mutual benefit of the dynamic private equity real estate investment and capital industries.”

Van Grondelle said he was eager to join the company and looked forward to its European expansion.

“I am very excited to join RELPI and further build this community in Europe,” he said. “We are dedicated to bringing together real estate institutional investors, fund managers, operating companies and those organizations allied to the industry on a local, regional and global scale.”