Fiera Real Estate Opportunity Fund V

Investment Approach

The Fiera Real Estate Opportunity Fund V UK (FREOF V) (UK) is a closed-ended real-estate investment fund that launched in November 2019, and targets value add and opportunistic real estate transactions in the UK. This is the fifth fund in the series, and based on the success of the existing programmatic venture series with CBRE Global Investment Partners.

It seeks to deliver its returns through a combination of focused asset management, change of use and Grade A asset development.

The vehicle’s target is to deliver a net 12-15% IRR and net 1.5x Eqm*.

*Target rates are not guaranteed.

Fund Fact Sheet

Key Strategies

The fund focuses on:
  • Income with asset management angles
  • City office and mixed-use development
  • Urban logistics / industrial development
  • Land with potential for residential (including BTR)
  • Partnerships with corporate owners of real estate

Themes

The vehicle benefits from the long term market trends of:


Technological change affecting real estate use and service

Long term demographic growth

Urbanisation focusing demand in cities

These themes exploit Fiera Real Estate’s vertically integrated business model, combining investment management with an operating platform of 10 specialist property companies across the UK.

About the Fund

The Fiera Real Estate Opportunity Fund V is a closed ended fund, offering a two year investment window from November 2019 and a maximum fund life of 6 years. The previous funds in Fiera Real Estate UK’s value add series have invested a total of £600 million and offered regional and sector diversification helping to minimise risk and maximise returns.
Equity Committed by Sector*
RESIDENTIAL 51.0%
OFFICES 49.0%
Total 100.0
Equity Committed by Region*
YORKSHIRE & THE HUMBER 49.0%
SOUTH EAST 20.4%
NORTH WEST 30.6%
Total 100.0
*Data taken from FREOF V (UK) as at 31st December 2019. These graphs represent the first committed deals in FREOF V; the fund will be deploying additional equity over the course of the investment period.

Our Investment Philosophy
Our deep understanding and expertise in the Real Estate asset class drives our strategy, investment approach and team configuration.

Unique Access to Deals
Ownership stakes in property companies gives access to the majority of deals in UK, on & off-market.

Extensive Granular Network
Geographic focus of partner network supports the execution of business plans.

Long Term Trust
27-year track record of creating value from an established management team.

ESG
Heavy focus on social responsibility and governance. Signatory UNPIRI and GRESB.

Aligned & Entrepreneurial
Co-Investment alongside clients at every level ensuring that interests are aligned.

Evaluating Risk & Return
Rigorous approach to risk management, portfolio construction and diversification.

Contact

Alex Price

Chief Executive
02074095500

Chris Button

Head of Value Add REIM, UK
02074095500