People Property Place #26 Bert Broadhead, Co-Founder of ALTERX Real Estate
Jun 1, 2023
52:14
Bert Broadhead has worked for a number of leading firms from DTZ, Rockspring as well as Och-Ziff Capital Management before setting up Alterx in 2014 as a ‘value investor’ focused on the Western European real estate market. Today, the business operates in three countries and controls over 2m sqft of commercial assets and over 30,000 residential plots. Bert is also the host of a real estate podcast – Building Our Future. I sat down with Bert to discuss a broad range of subjects which covered some of the following topics:
- How he got into real estate
- Being a sector specialist over generalist
- Fee accumulation vs true LP alignment
- Where have all the mid-cap REIM / PE businesses gone?
- Raising capital
- Building teams
- Oh, and one last question - who are the People, what Property, and in which Place Bert would invest should he have £500m of equity at his disposal.
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