FREOF V Closing Highlights

The Fiera Real Estate Opportunity Fund V (“FREOF V”) has reached its final close with £180m. FREOF V is the fifth and largest Fund in the Firm’s value add series which has raised over £780m to date.

The Firm launched FREOF V in November 2019 to take advantage of the unprecedented transitional buying opportunities created by Brexit and the Covid-19 pandemic. The demographic shifts, environmental needs, technological progression and changing customer expectations have been key trends disrupting existing real estate. This has led to the emergence of new opportunities to create real estate that is fit for purpose. FREOF V exploited these opportunities, with particular focus on grade A industrial and logistics, build to rent and rezoning of land for residential use. The fund is targeted to deliver a 15% total net IRR to investors with little to no leverage.