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Sign in Sign up for a FREE subscriptionDTZ Investors forward funds €77m for Earlsfield co-living scheme
DTZ Investors has forward funded a 310-room scheme in Earlsfield for its co-living fund, in a deal requiring £70 million (€77 million/$91 million) of total investment.
The Collective, which is the fund’s property and asset manager, will build-out and operate the development on Trewint Street, in the London Borough of Wandsworth. When completed, it will be the second asset in the fund following the forward-funding of The Collective Harrow, which was announced when the fund launched in October last year.
Chris Cooper, CEO at DTZ Investors, said: “We launched our co-living fund last year with the aim of providing high quality, flexible and socially responsible housing in London. The development we are announcing today at Trewint Street in Earlsfield is a fine example of that aim.”
The fund is committed to achieving sustainable housing solutions, which foster a diverse and supportive community, promoting health and well-being — while delivering value for