German firm opens London office to boost European growth

German asset management firm KGAL Group has opened a new London sales office as the base of its European growth plans.

KGAL Capital GmbH & Co. KG, the sales company of the group, has opened a branch in the centre of London.

Based in Germany, the firm specialises in the management of assets up to €20.5bn (£18.2bn), as well as long-term capital investments for institutional and private investors in the real estate, infrastructure and aviation sectors.

Taking space in the Cannon Green development in Bush Lane, KGAL Capital GmbH & Co. KG will use the office to focus on growing its markets in UK, Ireland, Scandinavia, Switzerland, Liechtenstein, Austria and Italy.

Commenting on the new London branch, Florian Martin, managing director of KGAL Capital and member of KGAL executive board said: “ We believe that London will remain the financial hub of Europe.

“We see representation there as a key part of our international strategy, providing us with more direct access both to professional clients directly and the investment consultancy market which serves institutional investors globally.”