Since 1996 we have invested in over £3.9bn of assets across almost every real estate sector, a selection of which are below
In Q2 2021 Moorfield established a joint venture with Bricklane, a technology-enabled sourcing and management platform, to effectively and programmatically originate, acquire, and manage a portfolio of individually acquired existing residential properties for rent, at scale. Technology allows the joint venture to identify attractive target markets and to source higher yielding properties in those target markets that meet the sourcing and investment parameters set by Moorfield to satisfy investment and risk objectives.
The joint venture deploys capital into the inefficient, often unprofessional and dispersed Private Rented Sector (PRS) / Singlefamily (SFH) for rent market to create value through selective aggregation and to seek to create an institutional quality portfolio. This is conducted in line with Moorfield’s brand standards and customer service focus.
Wakmoor is a joint venture with We Are Kin, an existing specialist operator and investor in student Houses of Multiple Occupation (HMO).
This joint venture targets the creation of a portfolio of HMOs targeted at students and acquired across regional cities. This is an opportunity to capture a significant demand/supply gap in the market for good quality and good value student homes that are well designed and fitted out, tech enabled, and delivered with excellent levels of service and innovation. Most institutional investors have to date focussed on the Purpose Built Student Accommodation (PBSA) market that particularly targets international students. We also believe there is an opportunity to improve the offering for domestic students who typically live in HMOs.
The Apiary, Ealing
Development of The Apiary commenced in early 2022 and once complete will be an 81-studio co-living scheme in Ealing, London. Co-living is a subset of the residential for rent market that in terms of design, layout and cost sits between BTR and Purpose-Built Student Accommodation.
The building is adjacent to Ealing Broadway station which provides strong connectivity into and out of central London, and which is further improved by the Elizabeth line (Crossrail) opening in 2022. The scheme will target young professionals in search of affordable yet premium quality living and has been designed to achieve BREAAM Very Good as a minimum standard.
Avant Show Home Portfolio, UK
A national portfolio of 77 show homes located across 29 different sites in the UK. The show homes were acquired and immediately leased back to Avant Homes, a high quality UK housebuilder, on an average three-year term. The show homes are constructed to a high standard, include a number of specification enhancements, and occupy prominent locations on each of the estates on which they are located.
Duet, Manchester – Sold
Duet, a More. Superenting scheme is a 270 unit Build to Rent (BTR) development located in Salford Quays next to MediaCityUK. The site was the last undeveloped waterside site adjacent to Erie Basin and opened in Autumn 2019. The scheme includes extensive communal facilities with co-working, coffee and private dining space as well as a state of the art gym. Duet offers one, two and three bed furnished or unfurnished apartments. Moorfield is working in association with Glenbrook on the development.
The Forge, Newcastle – Sold
A 283 unit build to rent More. Superenting scheme adjacent to the Stephenson Quarter in Newcastle. The Forge offers 1, 2 and 3 bed apartments for rent in a development with extensive communal facilities including a wellness centre with a gym, residents lounge, co-working space and private meeting/dining rooms. The scheme was completed in three phases and welcomed its first residents in September 2018.
The Trilogy, Manchester – Sold
A 232 unit build to rent More. ‘Superenting’ development with 115 parking spaces on the periphery of Castlefield, Manchester. The Trilogy opened in April 2019 and offers 1, 2 and 3 bedroom furnished or unfurnished apartments to rent in stylish surroundings. Moorfield is working in association with Glenbrook Property.
The Keel, Queens Dock, Liverpool – Sold
The landmark office complex has been transformed to create 240 luxury waterside rental apartments, which are fully occupied. Moorfield developed The Keel, in association with Glenbrook Property. The investment contributes to the ongoing rejuvenation of Liverpool’s waterfront, which has recently been transformed through the delivery of a world class Exhibition Centre and an upscale 216 bed Pullman hotel on the adjoining site. This investment has now been sold.