Advised the owners of a ‘for profit’ RP in raising a large tranche of equity to fund their growth in the Affordable Housing sector
The RP has a particular expertise in managing units for temporary accommodation and homelessness and the JV acquired the first asset in March 2021 in West Drayton (45 units)
CENTRE SQUARE HIGH WYCOMBE
123 BTR Units
Advised a PLC developer on the funding of a 123 unit scheme in the centre of High Wycombe
Transaction completed in September 2020 and was forward funded with PGIM. PC of the scheme achieved in March 2021
KENT STREET BATHS BIRMINGHAM
284 BTR units
Engaged on the redesign of a scheme that had a planning consent, as part of a wider 500 unit scheme.
Advised on the forward funding to a major German Pension Fund – completed December 2019
HOLLOWAY HEAD BIRMINGHAM
483 BTR units
Prime site in Birmingham near Mailbox, adjacent to City Centre. Advised client on redesign of scheme (to BTR) and secured Invesco to forward fund the entire development.
Transaction completed August 2019 and currently under construction
HADRIANS TOWER NEWCASTLE
162 units (completed)
Acquired a site for a developer in a prime location in the St James’s area of city centre. Planning consent for 162 units in a 26-storey tower
Advised on site acquisition, funding, redesign and pre-sales (to overseas investor)
SILBURY BOULEVARD MILTON KEYNES
142 BTR units
Advised on forward funding of 142 BTR units in central Milton Keynes (first BTR scheme in the town)
Advised on planning, design and finance – secured Grainger PLC to forward fund the scheme. PC achieved June 2020
PETERBOROUGH SHOWGROUND
160 acres (c. 2,000 units)
Advising a joint venture (charitable trust & developer) on the masterplan and exit strategy of a significant site in Peterborough that will comprise c 2,000 houses
Currently working on the pre-planning process and engaging with various potential funders, particularly in the BTR and Affordable sectors
CHESHIRE JUNCTION WARRINGTON
362 BTR units
Site adjacent to Warrington Central Station. Planning consent achieved for 362 BTR units plus commercial and a 780 space car park
Forward funded by a German pension fund and now under construction
Bethnal Green LONDON
201 student accommodation units (studios)
Located close to Queen Mary University of London
Advised the purchaser on the off-market acquisition of an existing, purpose-built student accommodation property in East London