DoorFeed completes acquisition of Ikory Asset Management, bringing €500 Million in residential assets under management
- DoorFeed acquires Ikory Asset Management in a full buyout deal.
- Ikory AM manages €500 million of investments across 1,000 residential units in France.
- Eric Fintz and Matthieu Audinet join DoorFeed as Global Head of Investor Solutions and France Head of Investment & Asset management, respectively.
- DoorFeed takes a leading position as operating partner for institutional residential real estate investment across Europe, leveraging its proprietary technology and data.
DoorFeed today announced it has completed the acquisition of Ikory Asset Management (“Ikory AM”), as it advances towards becoming the leading Pan-European operating partner for institutional investment in residential real estate.
Founded in 2021 by James Kirimy, DoorFeed is building Europe’s leading operating platform dedicated to institutional residential real estate investment. The Residential sector remains a dominant force in European Real Estate investment, with 78% of investors planning to significantly increase their exposure by 2028. DoorFeed streamlines both residential investment and asset management services with unparalleled access to deals, talents and data. DoorFeed’s activities span across multiple residential asset types, geographies and investment strategies to meet the diverse needs of institutional investors. Its core markets, France, the UK and the Netherlands, accounted for 43% of European residential investment volume in Q1 2024.
DoorFeed has acquired Ikory AM, the asset management division of Ikory Group, in a carve-out deal. Ikory Group, founded in 2015 by Stéphane Imowicz, is a leader in residential real estate services for institutional clients. The group will continue its capital market and project services activities. Launched in 2021 by Eric Fintz and Matthieu Audinet, Ikory AM manages €500 million across 1,000 residential units for clients.
DoorFeed’s acquisition of Ikory AM reflects the latest milestone in its strategic growth journey after launching operations in the UK and the Netherlands in 2024.
The acquisition brings Ikory AM’s established team on board, including Deputy CEO of Ikory Group Eric Fintz. It provides continuity of leadership and expertise. Fintz joins DoorFeed as Global Head of Investor Solutions. He brings over a decade of industry experience at Ikory Group since 2020 and as Investment and Asset Manager at Tikehau Capital before this.
Matthieu Audinet, CEO of Ikory AM, joins DoorFeed as Head of Investment & Asset management in France along with his experienced Investment and Asset Management team.
Commenting on the acquisition, James Kirimy, Founder & CEO of DoorFeed said: “We are delighted to welcome Ikory AM’s partners and team. Eric and Matthieu have built an exceptional business. Their outstanding track record and high-quality client base match DoorFeed’s commitment to excellence. Our vision is to make residential real estate a scalable and performing asset class for institutional investors. This acquisition strengthens our team and services in France, one of our core European markets.”
Eric Fintz, Deputy CEO at Ikory Group and incoming Global Head of Investor Solutions at DoorFeed commented: “We look forward to joining forces with DoorFeed to create a cutting-edge Pan-European residential operating partner for institutional investors. DoorFeed’s technology and access will have an outstanding impact on elevating our partners’ experience and performance. We are dedicating all resources towards building a specialised team for this asset class and expanding our capabilities to meet the evolving needs of our industry.”
About DoorFeed:
DoorFeed, headquartered in London, England, was founded in 2021 by James Kirimy. DoorFeed is backed by leading venture capital and private equity firms, including Motive Ventures, Stride VC and Seedcamp.
About Ikory Asset Management:
Ikory Asset Management is an independent entity from the other activities of the Ikory group. It supports institutional investors with Investment and Asset Management services in residential real estate. Leveraging its in-depth knowledge of the residential real estate market, Ikory Asset Management designs alternative strategies, researches and selects suitable assets, advises throughout the underwriting process, and oversees the management, valuation and performance reporting throughout the investment period for its clients.
About Ikory Group:
Founded by Stéphane Imowicz,
Ikory is an independent group specializing in residential real estate services for large property owners and institutional investors. Ikory operates across all residential asset types including social or intermediate housing, luxury real estate and managed residences. Since 2016, Ikory has signed over €1.2 billion in block sales and marketed properties across 400 different locations on a unit by unit basis.
