Establishing new partnerships at Moorfield Group

Moorfield’s investment strategy has for a long time been focused on sectors supported by demographic, societal and technological themes, which has led us to our ‘beds and sheds’ strategy. We have pursued this approach, whilst also focusing on operational real estate, for many years now and not just as a result of COVID. We believe that being able to invest in operational real estate (also referred to as ‘alternative’ real estate) is becoming increasingly important, especially as the ‘traditional’ real estate sectors are disrupted.

Our strategy has continued to evolve and more recently we have expanded our focus to incorporate a broader approach that includes both sector level partnerships and some new areas of interest for us.

In particular, we have recently launched partnerships with:

• Bricklane to assemble an institutional grade portfolio of existing PRS homes, using technology to identify properties that are expected to outperform and with the aim of delivering a professional, high quality proposition to tenants. https://bricklane.com/
• We are Kin to invest in student houses (HMOs), with the ambition to deliver a better customer experience and to create a high quality portfolio. https://wearekin.co.uk/
• Allegra Care to invest in nursing homes, with a particular focus on delivering superior dementia care and a better customer experience. https://allegracare.co.uk/
• Storage King to develop, convert and acquire self-storage facilities, with a focus on using technology to deliver operational outperformance. https://www.storageking.co.uk/

These partnerships complement our Build to Rent (BTR), Purpose Built Student Accommodation (PBSA), Retirement Village (through Audley – the leading developer and operator in the sector), and logistics strategies that we have had for a number of years and will continue with.

We are also very focused on prioritising ESG, with net zero carbon a particular drive, and we will be looking to reposition assets and create the asset quality that our customers and future investors will desire.