Who is ?

What does do?

The corporate strategy is to acquire real estate, real estate related opportunities and asset rich companies in the UK where active corporate, asset and financial management is expected to enhance both income and capital returns thereby increasing earnings and asset value.

Under its current management, Moorfield Group (Moorfield) was a public company listed on the London Stock Exchange from 1996 to March 2001, at which time the Company was taken private through a management buy-out. In 2005, following a diversified and highly successful investment and subsequent disposal programme of some £2 billion, Moorfield determined to invest and directly manage equity on behalf of third parties. To this end, the Moorfield Real Estate Fund Limited Partnership (MREF) was formed by Moorfield. MREF had over £1 billion of purchasing capacity and was fully invested within 18 months. Investments made had business plans of over 5 years duration reflecting active asset management opportunities. The raising of Moorfield Real Estate Fund II Limited Partnership (MREF II) at the end of 2007 has enabled an ongoing investment programme of some £1.5bn plus the ability to raise further funds through co-investment with its international ‘blue chip’ fund investors.

In order to facilitate the formation and management of MREF/MREF II and the structure of transactions, a wholly owned subsidiary of Moorfield Group, Moorfield Investment Management Limited is utilised. This company is regulated by the FSA and is also a full member of the British Venture Capital Association (BVCA) and the European Private Equity and Venture Capital Association (EVCA).

 

What will acquire?

Moorfield believes that there are five primary areas where it will find investment opportunities:

  • Assets needing active asset management.
  • Assets sold as part of a corporate disposal programme or corporate mergers/ acquisitions.
  • Assets resulting from reorganisation and consolidation of businesses and funds.
  • Assets in emerging real estate markets.
  • Asset exposure through corporate or debt investment

Moorfield believes that real estate investing must be considered on an opportunity by opportunity basis, as a result, it is necessarily interested in a wide range of asset classes (see Investment Opportunity)

 

How active is ?

Moorfield Group has successfully completed over £2.5 billion of transactions, delivering an average realised gross internal rate of return of over 60% and a multiple of invested capital of over 2.5x.

The size of the transactions completed has ranged from £0.5 million to £450 million with the majority over £50 million. The Company has also lead fully funded bids for individual transactions with a lot of size of over £2 billion.