MARK Capital Management

MARK Capital Management (previously Meyer Bergman) is a privately held real estate investment management firm with more than €7 billion in assets under management.[1] MARK Capital Management was formed in 2004 by its chairman, Ton Meijer, and its chief executive officer, Markus Meijer from the holdings of the former MAB Group.[2]

MARK Capital Management
TypePrivately held company
IndustryReal estate
Founded2004 (2004)
FounderTon Meijer & Markus Meijer
Headquarters
London
,
England
Websitethisismark.com

Strategy

MARK's strategies run parallel to its closed-ended value-add funds, focusing on mixed-use real estate throughout Europe and the United States. The strategies aim to repurpose and reposition under-utilised assets in urban gateway locations throughout Europe.[3]

Developments

In 2012, it was reported that MARK owns London's Burlington Arcade, The Bentall Centre in Kingston upon Thames, and Exchange Ilford in Ilford, Essex.[4]

MARK was one of the principals behind the 2013 acquisition of large parts of the Queensway district of west London with a view to the redevelopment of the area. The purchases include the Queensway Estate, location of the ice skating rink and Queensway Market, and the Whiteleys shopping centre which was purchased from Standard Life Investments.[5][6]

In June 2015, it was announced that MARK would partner with London property businessman Warren Todd to redevelop Whiteleys in a mixed used scheme that would include housing, leisure facilities and retail premises to be designed by Foster & Partners.[7]

In October 2015, it was announced that MARK would be buying over a dozen of Tesco's 49 mothballed sites in a £250m deal, and that "some 10,000 homes could be built on the sites in London, the South East and Bath".[8]

In October 2015, Meyer Bergman rebranded as MARK Capital Management, and began to include life sciences and digital real estate opportunities.[9]

In 2016, MARK acquired Borough Yards, situated in the London Borough of Southwark next to Borough Market. Due for completion in 2021, Borough Yards will include workspace, retail, gallery, restaurants, and a cinema. [10]

Funds

MARK advises four closed-ended, value-add real estate funds, the VIA Outlet Venture, and co-investments totalling more than €7 billion in assets under management on behalf of global institutional investors, which include leading pension funds, endowments and asset managers from Europe, North America, the Middle East, and Asia.

References
  1. "Meyer Bergman rebrands as MARK, eyes medical, digital real estate". Real Assets. 28 October 2020. Retrieved 27 December 2021.
  2. History Highlights Meyer Bergman, 2013. Retrieved 16 September 2013. Archived here.
  3. Cruz, Julie (29 October 2020). "Q+A: Marcus Meijer on Meyer Bergman's strategic rebrand to MARK". React News. Retrieved 27 December 2021.
  4. "The giant company that has invested billions across Europe". thetelegraphandargus. 19 October 2012. Retrieved 15 October 2015.
  5. Brunei family’s secret £500m swoop on Queensway by Suzie Neuwirth, City A.M., 16 September 2013. Retrieved 16 September 2013. Archived here.
  6. Whiteleys’ new owners reveal £1bn masterplan for Queensway by Mira Bar-Hillel & Jonathan Prynn, London Evening Standard, 16 September 2013. Retrieved 16 September 2013. Archived here.
  7. £1bn ‘quirky shops’ plan to restore glory days at Whiteley’s. Jonathan Prynn and Joanna Bourke, London Evening Standard, 10 June 2015. Retrieved 12 June 2015.
  8. "Tesco sells mothballed supermarket sites for £250m". BBC. 15 October 2015. Retrieved 15 October 2015.
  9. "Meyer Bergman rebrands as MARK, eyes medical, digital real estate". IPE. 29 October 2020. Retrieved 19 August 2021.
  10. Meyer Bergman Launches Leasing of £300 Million Borough Yards Project at London Bridge by Signing Everyman Cinema and The Office Group Meyer Bergman, 15 November 2017. Retrieved 17 August 2021
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