Harrison Street acquires majority stake in RoundShield Partners
Harrison Street, the investment management division of Colliers (NASDAQ, TSX: CIGI), has acquired a 60% majority stake in RoundShield Partners, a European credit investment manager with $5.4 billion in assets under management.
RoundShield, headquartered in Jersey with offices across Europe, specializes in asset-backed capital solutions across real estate, infrastructure, and financial assets. The remaining ownership will be retained by RoundShield's senior management team, who will continue to lead the business.
The strategic acquisition enhances Harrison Street's European platform, particularly in credit, student housing, and hospitality sectors. The partnership aims to leverage RoundShield's vertically integrated student housing platforms to expand operations across Europe.
Harrison Street, la divisione di gestione degli investimenti di Colliers (NASDAQ, TSX: CIGI), ha acquisito una quota di maggioranza del 60% in RoundShield Partners, un gestore europeo di investimenti creditizi con 5,4 miliardi di dollari di asset under management.
RoundShield, con sede a Jersey e uffici in tutta Europa, è specializzata in soluzioni di capitale garantite da asset nel settore immobiliare, infrastrutturale e finanziario. La restante proprietà rimarrà nelle mani del team di senior management di RoundShield, che continuerà a guidare l’azienda.
Questa acquisizione strategica rafforza la piattaforma europea di Harrison Street, in particolare nei settori del credito, degli alloggi per studenti e dell’ospitalità. La partnership punta a sfruttare le piattaforme integrate di RoundShield nel settore degli alloggi per studenti per espandere le operazioni in tutta Europa.
Harrison Street, la división de gestión de inversiones de Colliers (NASDAQ, TSX: CIGI), ha adquirido una participación mayoritaria del 60% en RoundShield Partners, un gestor europeo de inversiones crediticias con 5.400 millones de dólares en activos bajo gestión.
RoundShield, con sede en Jersey y oficinas en toda Europa, se especializa en soluciones de capital respaldadas por activos en bienes raíces, infraestructuras y activos financieros. La propiedad restante permanecerá en manos del equipo directivo senior de RoundShield, que continuará liderando el negocio.
Esta adquisición estratégica fortalece la plataforma europea de Harrison Street, especialmente en los sectores de crédito, vivienda estudiantil y hospitalidad. La alianza busca aprovechar las plataformas integradas de vivienda estudiantil de RoundShield para expandir las operaciones en toda Europa.
Harrison Street는 Colliers (NASDAQ, TSX: CIGI)의 투자 관리 부문으로, 5.4억 달러의 운용 자산을 보유한 유럽 신용 투자 관리사인 RoundShield Partners의 60% 지분을 인수했습니다.
본사가 저지에 위치하며 유럽 전역에 사무소를 둔 RoundShield는 부동산, 인프라 및 금융 자산을 담보로 한 자본 솔루션을 전문으로 합니다. 나머지 지분은 RoundShield의 고위 경영진이 보유하며, 이들은 계속해서 회사를 이끌 예정입니다.
이번 전략적 인수는 Harrison Street의 유럽 플랫폼, 특히 신용, 학생 주택 및 환대 부문을 강화합니다. 이번 파트너십은 RoundShield의 수직 통합된 학생 주택 플랫폼을 활용해 유럽 전역으로 사업을 확장하는 것을 목표로 합니다.
Harrison Street, la division de gestion des investissements de Colliers (NASDAQ, TSX : CIGI), a acquis une participation majoritaire de 60% dans RoundShield Partners, un gestionnaire européen de crédits avec 5,4 milliards de dollars d'actifs sous gestion.
RoundShield, dont le siège est à Jersey et qui dispose de bureaux à travers l'Europe, se spécialise dans les solutions de capital adossées à des actifs dans l'immobilier, les infrastructures et les actifs financiers. La propriété restante sera conservée par l'équipe de direction senior de RoundShield, qui continuera à diriger l'entreprise.
Cette acquisition stratégique renforce la plateforme européenne de Harrison Street, notamment dans les secteurs du crédit, du logement étudiant et de l'hôtellerie. Le partenariat vise à tirer parti des plateformes intégrées verticalement de logement étudiant de RoundShield pour étendre les opérations à travers l'Europe.
Harrison Street, der Investment-Management-Bereich von Colliers (NASDAQ, TSX: CIGI), hat eine Mehrheitsbeteiligung von 60% an RoundShield Partners erworben, einem europäischen Kredit-Investmentmanager mit 5,4 Milliarden US-Dollar verwaltetem Vermögen.
RoundShield mit Hauptsitz in Jersey und Niederlassungen in ganz Europa spezialisiert sich auf kapitalgestützte Lösungen in den Bereichen Immobilien, Infrastruktur und Finanzanlagen. Die verbleibenden Anteile bleiben im Besitz des Senior-Management-Teams von RoundShield, das das Unternehmen weiterhin führen wird.
Die strategische Übernahme stärkt die europäische Plattform von Harrison Street, insbesondere in den Bereichen Kredit, Studentenwohnheime und Gastgewerbe. Die Partnerschaft zielt darauf ab, die vertikal integrierten Studentenwohnheim-Plattformen von RoundShield zu nutzen, um die Aktivitäten in ganz Europa auszubauen.
- Acquisition of 60% stake in RoundShield adds $5.4 billion in AUM to Harrison Street's portfolio
- Expands Harrison Street's European presence and adds new credit capabilities
- Creates opportunities for scaling combined student housing operations across Europe
- RoundShield's management team retention ensures operational continuity
- Financial terms of the transaction not disclosed, limiting transparency for investors
- Integration of different investment platforms may present operational challenges
Insights
Colliers expands European reach through Harrison Street's acquisition of RoundShield, diversifying investment capabilities in strategic sectors.
Harrison Street, the investment management arm of Colliers (NASDAQ, TSX: CIGI), has acquired a 60% stake in RoundShield Partners, a European credit investment manager with
The acquisition delivers three key strategic benefits: First, it diversifies Harrison Street's investment offerings by adding credit and structured equity capabilities. Second, it expands the firm's geographical footprint across Europe through RoundShield's offices in Jersey, Geneva, London, Madrid, and Munich. Third, it enhances sector expertise in student housing and hospitality, where immediate collaboration opportunities exist.
Particularly notable is RoundShield's vertically integrated student housing platforms, which create substantial operational synergy potential. The deal structure, with RoundShield's management retaining
While financial terms weren't disclosed, the transaction appears strategically sound as it combines Harrison Street's global distribution network with RoundShield's specialized investment expertise. For Colliers investors, this represents an expansion of the company's asset management capabilities, adding a specialized European credit manager with a track record of delivering "market-leading risk-adjusted returns" to institutional investors since 2013.
Acquisition strengthens Harrison Street’s European platform and expands credit, student housing and hospitality capabilities
CHICAGO and TORONTO and GENEVA and LONDON, July 30, 2025 (GLOBE NEWSWIRE) -- Harrison Street Asset Management (“Harrison Street”) the investment management division of Colliers (NASDAQ, TSX: CIGI), today announced the acquisition of a majority stake in RoundShield Partners (“RoundShield”), a leading European credit investment manager with
Headquartered in Jersey, with key offices in Geneva, London, Madrid and Munich, RoundShield specializes in asset-backed capital solutions across real estate, infrastructure, and financial assets through opportunistic credit and structured equity strategies. Since its founding in 2013, the firm has consistently delivered market-leading risk-adjusted returns to a diverse global investor base, including pensions, endowments, foundations, insurers, and family offices.
Under the terms of the transaction, Harrison Street has acquired a
“This transaction marks a pivotal step for Harrison Street, adding credit capabilities in Europe and creating a pathway for continued innovation across our platform,” said Christopher Merrill, Global Chief Executive Officer of Harrison Street. “RoundShield’s outstanding track record and deep expertise in sectors like student housing and hospitality present immediate opportunities for collaboration. RoundShield’s ownership and operation of vertically integrated student housing platforms offers an exciting opportunity to scale our combined student housing operations across the region. We look forward to leveraging this partnership to broaden our suite of differentiated strategies for our global investors.”
Driss Benkirane, Founder and Managing Partner of RoundShield, added, “We are thrilled to partner with Harrison Street, a globally respected leader in real asset investing that we have known for many years. Their investment is a strong endorsement of our team and platform. With their global reach and shared values, we are well-positioned to accelerate our growth and continue delivering compelling investment ideas and attractive risk-adjusted returns for our investors.”
In connection with this transaction, Lincoln International acted as financial advisor and Sidley Austin acted as legal advisor to RoundShield. DLA Piper acted as legal advisor to Harrison Street.
About Harrison Street Asset Management
Harrison Street Asset Management is a leading global alternative investment management firm with over
Harrison Street has been recognized as one of the Best Places to Work by Pensions & Investments for ten years (2014-2020, 2022-2024) and has received 16 PERE awards since 2019, including the 2024 Alternatives Investor of the Year – Global award. For more information, visit www.harrisonst.com.
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately
Non-GAAP Measures
We use the term assets under management (“AUM”) as a measure of the scale of our Investment Management operations. AUM is defined as the gross market value of operating assets and the projected gross cost of development properties of the funds, partnerships and accounts to which we provide management and advisory services, including capital that such funds, partnerships and accounts have the right to call from investors pursuant to capital commitments. Our definition of AUM may differ from those used by other issuers and as such may not be directly comparable to similar measures used by other issuers.
Harrison Street Contact:
Christopher Merrill
Global Chief Executive Officer
(312) 920-1851
Colliers Contact:
Christian Mayer
Chief Financial Officer
(416) 960-9500
FAQ
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