Key Takeaways
- • Westwind Capital closed its first institutional investment vehicle at €200 million, exceeding its original €150 million target, with first close achieved on September 24, 2026.
- • CBRE Investment Management provided an anchor commitment to the fund, signaling institutional confidence in Westwind's European living sector strategy.
- • The fund targets needs-based and demographically driven real estate across purpose-built student accommodation (PBSA), build-to-rent (BTR) residential, micro-living, and co-living assets in major U.K. and European markets.
- • The initial portfolio includes four Spanish student housing assets and a London living sector property portfolio, with a separate £73 million debt refinancing supporting the London portfolio's build-to-rent expansion.
- • Westwind Capital, founded in 2022 by Daniel Gorzawski (formerly head of Europe for Harrison Street Real Estate), has deployed capital as attractive pricing emerged in target sectors following disciplined market positioning.
Summary
Westwind Capital, a European private equity real estate investment management platform, has closed its first institutional investment vehicle at €200 million, exceeding its original capital target. The first close was achieved on September 24, 2026, with backing from several European institutional investors. CBRE Investment Management made a significant anchor commitment to the fund, providing institutional validation for Westwind's investment thesis in the European living sector.
The €200 million fund is focused on acquiring and managing portfolios across needs-based and demographically driven real estate segments. The strategy encompasses purpose-built student accommodation (PBSA), build-to-rent (BTR) multifamily residential, and micro-living and co-living properties in major U.K. and European markets. The initial deployment includes a portfolio of four Spanish student housing assets and a London-based living sector property portfolio. Separately, Westwind secured £73 million in debt refinancing from Aareal Bank to support growth and expansion of its London build-to-rent portfolio.
Westwind Capital was established in 2022 with a mandate to capitalize on structural demographic and housing supply trends. Daniel Gorzawski, founding partner and CEO, previously served as head of Europe for Harrison Street Real Estate from 2015 to 2020, bringing significant institutional real estate experience to the platform. Following the fund's formation, the team maintained a disciplined approach to capital deployment, waiting for attractive entry points as market pricing normalized. According to Gorzawski, the team has now begun executing on investments as valuations in target sectors have become more compelling for institutional investors.
The €200 million close represents a successful institutional fund launch in a competitive European real estate market, positioning Westwind to scale its portfolio across multiple living sector verticals. The combination of anchor institutional capital, debt financing infrastructure, and experienced leadership suggests the platform is positioned for follow-on fundraising and additional portfolio acquisitions in subsequent closings.
The €200 million fund is focused on acquiring and managing portfolios across needs-based and demographically driven real estate segments. The strategy encompasses purpose-built student accommodation (PBSA), build-to-rent (BTR) multifamily residential, and micro-living and co-living properties in major U.K. and European markets. The initial deployment includes a portfolio of four Spanish student housing assets and a London-based living sector property portfolio. Separately, Westwind secured £73 million in debt refinancing from Aareal Bank to support growth and expansion of its London build-to-rent portfolio.
Westwind Capital was established in 2022 with a mandate to capitalize on structural demographic and housing supply trends. Daniel Gorzawski, founding partner and CEO, previously served as head of Europe for Harrison Street Real Estate from 2015 to 2020, bringing significant institutional real estate experience to the platform. Following the fund's formation, the team maintained a disciplined approach to capital deployment, waiting for attractive entry points as market pricing normalized. According to Gorzawski, the team has now begun executing on investments as valuations in target sectors have become more compelling for institutional investors.
The €200 million close represents a successful institutional fund launch in a competitive European real estate market, positioning Westwind to scale its portfolio across multiple living sector verticals. The combination of anchor institutional capital, debt financing infrastructure, and experienced leadership suggests the platform is positioned for follow-on fundraising and additional portfolio acquisitions in subsequent closings.
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