GREYKITE INVESTMENT ADVISER LIMITED

Thesis

GREYKITE INVESTMENT ADVISER LIMITED, established in 2023 and headquartered in London, is an independent European real estate investment firm. The firm rebranded from Kite Investment Adviser Limited in February 2024. GREYKITE focuses on acquiring and building leading real estate companies across various asset classes in Europe, with a particular emphasis on the industrial and logistics sectors in Sweden and Western Europe. Their investment strategy involves meticulous market research to identify scalable opportunities in high-conviction sectors, employing a differentiated approach focused on both asset-level and corporate-level transactions. They aim to drive value creation through active asset management and initiatives at both the real estate and corporate levels. The firm's mandate is flexible, specializing in real estate investments across a series of asset classes with durable fundamentals in select European markets, targeting opportunities emerging from special situations and market dislocation. GREYKITE operates with a lean organizational footprint and a concentrated portfolio management approach. The firm's strategy involves originating and structuring private credit transactions backed by hard assets, receivables, or discrete cash-flow streams, often focusing on mid-market and niche asset-backed finance, though recent reports indicate a strong specialization in real estate investments. The debut opportunistic real estate fund, GREYKITE European Real Estate Fund I, had secured over $1.4 billion in capital commitments as of July 2025, with a final close expected by Q2 2026. By October 2025, the firm exceeded $3 billion in assets under management. The fund had raised an initial $324 million by March 2024, growing to nearly $660 million shortly after. As of October 2025, the fund had deployed more than two-thirds of its capital.