Fiera Real Estate UK Limited, the European real estate arm of Fiera Capital Corp., and Packaged Living, a U.K. rental living platform, are targeting a £1billion ($1.3 billion) U.K. single-family housing (SFH) portfolio, having recently completed a significant first close for their new U.K. SFH fund. This launch marks the next milestone in the continued growth journey of Fiera and Packaged Living’s U.K. Living strategies.
The open-ended, core-plus fund – Fiera Real Estate Single-Family Housing (FRESH) – has secured seed capital from a group of institutional investors, enabling immediate deployment into an existing pipeline. Focused on delivering high-quality, professionally managed and sustainable rental homes across supply-constrained locations, FRESH will target average deal sizes of 50 to 200 homes. The fund will invest through forward-funding and forward-commitment agreements with developers and housebuilders, reflecting a scalabl
