LONDON-Mitsubishi Estate Co., based in Tokyo, has increased itspresence in Europe, with the acquisition of locally-based EuropaCapital LLP. The New York City-based Rockefeller GroupInternational Inc., a Mitsubishi subsidiary, will acquire amajority interest in Europa.

Europa is a real estate fund management group based in London.The firm has raised six real estate funds, and has invested morethan $6 billion in 17 European countries since 1995. The combinedRockefeller and Europa companies represent a $20 billion firm.

Kevin Hackett, president and CEO of Rockefeller, said theacquisition is a step in the right direction to make the company aglobal investment platform. “We are impressed by the quality of theEuropa management and appreciate the confidence with which they areregarded by their investors,” Hackett said in a statement. “Thisinvestment represents an exciting new chapter in the history ofRGI, and we look forward to the opportunity to share ourconsiderable commercial real estate expertise with investors aroundthe world.”

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