BrickVest has been bought out of administration.

The London real estate investment platform’s parent company fell into administration in November.

It has been snapped up by German-based real estate investment partner Patrizia.

“[It could] become the go-to global and independent industry platform of choice for real assets,” Patrizia CEO Wolfgang Egger said.

“Therefore, it is essential for us that BrickVest remains independent and provides full transparency, convenient access as well as much broader choice to all investors.

“We will ensure that BrickVest has access to our deep industry knowledge, broad investor network and expert market intelligence which makes the platform even more attractive.”

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