Innovative Real Estate Management and Investment Solutions
As a European investment boutique, we rigorously analyse the impact of the wider economy and embrace innovation to help our clients navigate any uncertainty.
The Firm
Founded in 2022 by the shareholders Jos Short and Jochen Schaefer-Suren, together with Peter Lenhardt and Chris Curtis as the two initial directors, IREMIS is a boutique real estate investment management firm based in Luxembourg.
“IREMIS” stands for Innovative Real Estate Management & Investment Solutions, focusing on specialist real estate asset classes and how to overcome the current challenges by developing and executing innovative strategies, identifying opportunities for investors, while considering all stakeholders, to achieve sustainable above average returns in the future.
Specifically, we will provide strategic and restructuring advisory, investment transaction and asset management services in private and public markets as well as separate account and fund management together with partners and investors. We can add value not only for our institutional investor clients, but also lenders and occupiers. We will be active in core, value add and opportunistic strategies and also co-investments across Europe.
Our Team
The IREMIS senior team has extensive experience and track record in large and complex real estate developments, investments as well as investment banking and fund management in senior positions and/or on boards of private and public companies. The shareholders created have from “scratch” new real estate platforms reaching more than €4.4 Billion of AUM prior to successful sales for investors.
Jochen Schaefer-Suren and the IREMIS management team provide a wealth of experience, track-record and network in hotel and leisure real estate investments. During their careers, they have managed hotel investments as part of (regulated) funds, large separate accounts, on behalf of owners, operators and banks, from core to opportunistic and from budget to ultra luxury. Including asset and portfolio management, financial structuring, developments, large capex projects and complex restructuring situations.
Shareholders
Jochen has worked in senior positions in real estate in the hotel and leisure industry at hotel groups like Meridien or Hilton Hotels and at Lazard Bros and Invesco in development, investment banking, transactions, financing, capital raising and fund management for 30+ years. He handled 6+ billion Euro of transactions, financings and asset managed large portfolios from mid-scale to trophy hotels in Europe, US and Asia. Most recently until 2021 he was CEO of the Hotel & Leisure Division and Board Member at Principal Real Estate Europe and before Global Executive Committee Member and Head of Hotel Fund & Asset Management at Invesco Real Estate. In 2020 while at Principal he and the team under his direction were named the Hotel portfolio manager of the year by the Hotel Asset Management Association.
Jos Short was one of the founders of INTERNOS Global Investors (now Principal Real Estate Europe) in 2008, which grew into a pan-European fund management firm with more than four Billion Euro under management. From 2000 to 2007, Jos was CEO of Pramerica’s real estate private equity business and was involved in many noteworthy real estate transactions across Europe including pioneering investments in counter-cyclical assets such as self storage and senior housing. From 1998 to 2000 Jos was with Lazard Bros, initially as head of the property division running three funds and later running their M&A unit in European real estate. Jos has a degree in Banking and Finance from Loughborough University of Technology and is a member of The Chartered Institute of Bankers.
Management
Chris is multi-talented and has extensive experience at a senior level across finance and hotel real estate. Before joining IREMIS, Chris was Director of Fund Management and later Head of Operations at Principal Real Estate Europe for the Hotels & Leisure Division, where he managed all financial aspects of two hotel real estate funds and a separate account mandate. Between December 2012 and September 2018, he was European Head of Finance for development and property for the Adina Apartment Hotel brand which grew from 800 keys to more than 2,500 keys open or under construction during this period. Chris has also worked for Invesco Real Estate where he was responsible for all financial matters of 2 hotels funds and a UK property fund and US private equity group Westmont Hospitality. He is a qualified charted accountant and member of the ICAEW.
Peter is an experienced hotel real estate specialist and fund manager with an excellent track record in acquisitions, financings and asset management and real fund management of regulated funds and separate accounts. From 2013 till 2021 he worked at INTERNOS Global Investors (now Principal Real Estate Europe), where he managed transactions worth over one Billion Euro and was actively involved in the fund management of regulated hotel funds. In this role he was also responsible for a major separate account focused on hotel real estate with significant renovations, restructurings, operating agreement negotiations and other asset management initiatives. Before Peter worked for Hamilton Hotel Partners on hotel asset management projects. He is a CFA charter holder and graduated from Glion with a hospitality management degree.
Message from the Shareholders
Jos Short and Jochen Schaefer-Suren are delighted to announce the launch of our new real estate investment and asset management firm IREMIS.
For more than a decade, governments and central banks have dealt with crises by providing numerous subsidies and liquidity at ultra-low interest rates leading to ever higher sovereign debt and inflated asset values. This made investment management easier facilitating the emergence of passive investment management.