Aparthotel operator Go Native has won a string of build-to-rent (BTR) management mandates across the UK, significantly expanding its footprint in the sector.
Go Native is one of the largest operators of apart-hotels in the UK but it is expanding into the BTR market and has secured the design and development consultancy for Kampus, a 550-unit scheme in Manchester as well as an appointment to operate Howick Place, SW1, one of CBRE Global Investors’ largest build-to-rent investments in London.
Among the other build-to-rent mandates Go Native has won in the past few months are Carolyn House, a 183-unit residential scheme in East Croydon owned by LaSalle Investment Management, and Stamford Street, a 59-unit residential scheme owned by Dorrington on London’s South Bank.
The firm’s involvement in this rapidly growing sector of the residential market dates back more than five years, beginning with its appointment to operate and manage Pioneer Point, a 300-unit property located in London. However, its recent change of focus has been supported by the establishment in the fourth quarter of 2016 of a new partnership with Ares Management’s Real Estate Group, which has approximately $9.8bn of real estate assets under management, including 40,000 multi-family homes across Europe and North America, and which bought a 70% stake in Go Native at the end of last year.