Maritime Gateway,
Southampton

Overview

Icon for Sector

Sector

Residential
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Purchase Date

May 2021
Icon for Purchase Price

Purchase Price

£3.75m
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Fund

Fiera Real Estate
Opportunity Fund V
Maritime Gateway represents a key acquisition for FREOF V in partnership with Packaged Living. This exciting scheme will be part of Southampton’s regeneration programme, bringing much needed housing and commercial space to the city.
Image of Chris Button
Chris Button
Head of Investment Management

Property Company

Features

  • 4.8-acre site in Southampton, purchased from receivers
  • Purpose-designed mixed-use scheme, comprising 600 BTR homes, 60,000 sq ft of Grade A office space, 7,000 sq ft of food, beverage and leisure venues, and 86,000 sq ft of new public realm
  • GDV of £200.0m

Purchase Rationale

  • Prominent inner-city location, 3-minute walk from Southampton Central Rail Station and 5-minute walk to the city centre
  • Pressing need for new, high-quality homes

ESG

Health and wellbeing

  • Considerable social amenity for the BTR element, including roof terraces and residents’ lounges

Community engagement

  • New public realm
  • Creation of The Maritime Gardens improving bio-diversity

Resource use and efficiency

  • Net Zero Carbon construction targets
  • Low embodied carbon materials to be used during construction
  • Grade A office targeting BREEAM Excellent and EPC A

Renewable energy

  • EV charging points

Location

  • Western Esplanade, Southampton, SO15 1QJ

All Assets

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