Moorfield Group believes there is a generational opportunity in the UK Living sectors, particularly in the new-build development of build-to-rent/multi-family, co-living, single-family for-rent, and purpose-built student accommodation.
Our CEO and CIO Charles Ferguson Davie wrote for Institutional Real Estate, Inc. (IREI) on how the careful structuring of development partnerships will be key to unlocking this opportunity, providing investors with downside protection as well as upside potential through the delivery of best-in-class assets.
Read the full piece below, where Charles argues that:
📣”By participating in structured risk-mitigated development at this point in the cycle, and by working in aligned partnerships with experienced developers, investors can achieve an attractive yield on cost that is expected to lead to substantial capital growth once the investment is leased and stabilised, while also delivering a cushion of safety in case yields rise.”
📣”By embracing structured risk-mitigated development whilst in a less capital competitive environment — where many equity providers are still cautiously sitting on the sidelines — select and disciplined investment can be rewarded.”
📣 “Once completed, these investments will command a scarcity premium among institutional investors seeking residential exposure, due to the sector’s strong underlying fundamentals, inflation-hedging qualities and defensive characteristics.”