The Newcore Strategic Situations Value-add fund series invests into social infrastructure, storage and accommodation strategies (or assets that can be converted into these sectors) within the UK. Newcore is seeking opportunities to create secure income or to deliver fit for purpose operational assets across these sectors through refurbishing, re-positioning and developing properties with a focus on the South East and South West of England.
Newcore currently manages £150m of UK real estate within the series and is actively investing Fund V, which will have £150m of investment capacity. Newcore is seeking opportunities with the following characteristics:-
Newcore manages c.£100m of UK real estate assets through separate accounts and is actively looking for value-add, core-plus and core income across the various sectors but with a focus on existing social infrastructure, storage and accommodation strategies and assets that can be converted into these sectors in the short, medium or long term, to create a balanced portfolio across the risk spectrum.