Investing with Discipline.
Building with Vision.

Anacott Capital is a major real estate special situations and digital infrastructure investor operating across the United Kingdom and Europe. Founded by James Lapushner, Anacott invests in complex and dislocated real estate opportunities and digital infrastructure, with particular expertise in powered land, data centres, energy infrastructure, distressed debt and complex capital structures. The firm combines institutional investment experience with a flexible, principal-led approach to sourcing, structuring, financing and executing complex investments.

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Experience That Builds Confidence

Anacott Capital was founded by James Lapushner, who brings over 30 years of experience in real estate capital markets, private equity, and distressed debt.

Prior to founding Anacott, James led multi-billion-euro investment strategies at Morgan Stanley and Credit Suisse, where he built some of the most successful real estate businesses in Europe.

Proven Track Record

30+ years of investment experience. More than £30 billion of transactions across Europe and North America, including €2 billion of equity invested and platforms representing €12 billion of assets under management.

Institutional Expertise

Leadership roles at Morgan Stanley and Credit Suisse.

Strategic Value Creation

Established top-performing investment and loan origination businesses across Europe.

Eurotower, Frankfurt am Main

Acquisition price: €440 million (€7,900/sqm)

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Tulipan Grupa

Highlights: Built and sold Mall of Split + residential projects

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Sony Center, Berlin

Acquisition cost: €525 million (€4,500/sqm)

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Apollo Capital

Focus: German residential PE opportunities

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Queen Victoria Street

Redevelopment and restructuring of £120M debt with £81.4M DPO | Secured £90.5M new financing.

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Berlin (Bornitzstr.)

Bought distressed €15M loan for €3.47M; 25% IRR exit

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Trigon Office Building

Deal Size: €44M (22,189 sqm, 40% vacancy)

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Hornbach Retail

Transaction Size: €48M

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Saturn Frankfurt

Property Value: €37.7M

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Lloyds Chambers

Winner: 2019 CoStar Investment Deal of the Year

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Goleon Portfolio

DPO: €36.5M (on €88M loan portion)

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Lyran Holdings Portfolio

DPO: €7.5M

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Goth Park

Asset Size: 41,870 sqm | Sale Price: €19.1M

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NewCold

Loan: £26M (65% LTV, HSBC)

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St Giles Square & Outernet (2017)

Loan: £445M term financing | Award: 2017 Real Estate Capital Financing Deal of the Year – Development

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79 Royal Hospital Road, Chelsea

Yield: 6% | Projected IRR: 25%

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Bourne Capital

Arranged and structured a £132M term loan

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St Giles Square & Outernet (2021)

Loan: £445M term financing

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80 Dean Street, Soho

Yield: 6% | IRR: 25%

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Conviction Where Others See Risk

We go where others don’t — unlocking value in overlooked assets through discipline, vision, and conviction.

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Partner Testimonials

Trusted by institutional investors and advisers across Europe.

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"Working with Anacott was a game-changer. They didn't just facilitate a deal; they helped us craft the best deal we have ever done in Europe. Their expertise and dedication are second to none."

General Partner

Lloyds Chambers

Transforming Real Estate for a Resilient Future

Discover how our conviction-led approach delivers sustainable value in a changing world.

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Frequently Asked Questions

Common questions from capital partners and transaction professionals.

What is the “Powered Land Thesis”?

Powered Land & Onsite Energy Solutions: We identify and secure strategically located land parcels suited for industrial, data centre and renewable energy projects. All sites are vetted for accessibility, zoning and long-term development potential.

What returns can investors expect?

Historically, we have delivered an average post-tax IRR of ~20% and achieved 2x return on equity across our projects. Our average hold period is around 4 years, from acquisition and repositioning to exit.

What does Anacott Capital invest in?

Anacott Capital is a major real estate special situations and digital infrastructure investor operating across the United Kingdom and Europe. We invest in complex and dislocated real estate opportunities and digital infrastructure, including powered land, data centres and associated energy infrastructure.

What differentiates Anacott from traditional real estate investors?

Conviction. While most investors follow the crowd, we identify value in overlooked assets, execute full-cycle management, and leverage 30+ years of expertise.

Who are your typical capital partners?

Our partners are primarily institutional investors, including hedge funds and other sophisticated capital providers who can evaluate complex opportunities without bias.

Where does Anacott invest?

Anacott Capital invests across the United Kingdom and Europe, with particular activity in the UK and Germany.

How large is your team?

Efficiency is our competitive edge. Anacott runs a lean core of senior principals and analysts and scales with specialist partners when needed. This structure shortens decision cycles and has delivered £30B+ of transactions and award‑winning results.