Multifamily residential

In the US, multifamily housing has been a key focus for over two decades, including a specialised and successful platform that integrates portfolio and asset management, transactions, debt financing, accounting, reporting and client services, while leveraging long-term relationships with best-in-class third party property managers.

We manage c.$8.6bn of multifamily housing assets, including $2.4bn across the CASA series of funds, comprised of six closed-end apartment funds, with a focus on workforce housing. The CASA team targets strategies that generate high current income in demand-driven markets. Value-add strategies include asset repositioning, joint ventures and specialty below-market financing. The total apartment portfolio in the US consists of 172 investments across 59 markets.

In Europe, we are exploring the possibility of leveraging our US multifamily expertise to explore UK opportunities within the private rented sector; we believe that investors can benefit from the strong supply versus demand dynamics currently being experienced. We are also increasingly interested in the student housing sector globally, which we believe offers solid investment fundamentals.