Draycott announced that it has acquired Square Asset Management, a Portugal-based real estate fund manager.
Square Asset Management is the largest manager of open-ended real estate funds in the Iberian Peninsula.
The firm manages more than €2.7 billion in assets under management.
Square Asset Management also serves close to 35,000 investors through a large-scale banking distribution network.
The acquisition marks an important expansion for Draycott as it continues building its position as a diversified alternative asset manager.
Through the deal, Draycott gains additional scale in real estate investment management and strengthens its ability to offer long-term savings and investment solutions to Portuguese investors.
Draycott said the transaction supports its ambition to become a reference partner for Portuguese savings.
The acquisition also broadens Draycott’s platform by adding a large investor base and established distribution capabilities in one of the region’s most important real estate fund markets.
Square Asset Management’s open-ended real estate fund platform gives Draycott a larger footprint across Iberia and adds a sizable pool of assets that can support future product development and investor growth.
The transaction also reflects growing demand for alternative investment products among savers seeking solutions that can help protect and grow wealth over time.
By bringing Square Asset Management into its platform, Draycott is aiming to combine institutional investment management capabilities with broader access for individual savers.
The company said the acquisition is a defining step in its effort to bring more savings solutions to the Portuguese market.
The deal further positions Draycott to serve investors across different stages of their financial journeys, while expanding its presence in real estate-backed investment strategies.
Draycott said the acquisition consolidates its role as a diversified alternative asset manager and strengthens its long-term growth strategy in Portugal and the broader Iberian Peninsula.
