By Charlotte D’Souza with quotes from Charles Ferguson-Davie
As part of PERE‘s 20th anniversary edition, Moorfield Group Co-CEO and Chief Investment Officer Charles Ferguson-Davie spoke to Charlotte D’Souza on the growth of operational real estate (OpRE), where we have been investing for almost 30 years.
Charles noted “we had to create our own operating businesses right at the beginning because there we no groups out there that could operate for us. He added that “but now many of these sectors, such as student accommodation, hotels and multifamily, are much more mature. There are specialist operational platforms out there who are looking to operate in most of the sub-sectors, and that means you can get some very high-quality operators to operate for you without you needing to have your own platform.”
Read the full story from PERE: https://www.perenews.com/not-just-an-lp-real-estate-enters-its-operational-era/