Aware Super appoints lead for European property strategy

Setting up its London office in November 2023, Aware Super is set to boost its global investment reach, which the new appointment will lead.

Mathieu Elshout has joined Aware Super to lead its European property strategy and team | BTR News
Mathieu Elshout has joined Aware Super to lead its European property strategy and team.

Australia’s largest superannuation fund – Aware Super – has appointed Mathieu Elshout to lead its European property strategy and team. He will start his new role on 1 July 2024.

Mathieu will be based in the London office. His appointment completes Aware Super’s initial 15 person private markets team, with plans to expand this to 30 investment people over the coming years.

Mathieu will report to Aware Super’s Head of International and Deputy Chief Investment Officer, Damien Webb, and Global Head of Property in Sydney, Alek Misev.

“Over time we’ll grow the London team further still, with a plan for 30 investment professionals in the coming years. For now though the team is match fit and bursting with talent –  the ideal foundation for our international expansion and we are making strong progress on completing investments towards our goals.”

Damien Webb, Head of Internation and Deputy Chief Investment Officer, Aware Super

Over the coming years, the superannuation fund is aiming for A$250bn in assets under management. Via the London office, it plans to invest £5.25bn in real estate across Europe.

Mathieu joins Aware Super from Patrizia where he was Senior Managing Director and Head of Sustainability and impact investing. Prior to this, he spent 12 years at PGGM Investments as EMEA Real Estate Senior Director. He was responsible for pan-European investment.

“I am excited to be joining aware super with its ambitious growth plans and innovative approach to investing in the UK and European property markets.

“I very much look forward to contributing the breadth of my expertise in pan-European transactions and asset management across all sectors, risk profiles and diverse structures and am keen to ensure we invest in a responsible and sustainable way for Aware Super’s 1.1m members.”

Mathieu Elshout, Aware Super

In July 2023, Aware Super entered the UK market with the purchase of Qatari Diar’s 22% stake in Build to Rent developer and operator, Get Living.