COLIV, an independent fund managed by DTZ Investors, has gathered £170 million ($212 million) of investment capital, following a recent commitment from Liverpool, England–based Merseyside Pension Fund.
Merseyside Pension Fund joins other investors including Strathclyde Pension Fund, the largest public pension fund in the United Kingdom, which seeded the vehicle in October 2019.
Launched in October 2019, COLIV was established with the goal of building a portfolio of best-in-class, large-scale co-living assets in London over a four-year investment period.
DZT Investors said COLIV is the world’s first fund established to provide institutions with the opportunity to invest in the London co-living sector. The Collective, the leading global co-living operator and developer, will serve as asset and property manager.
“With a focus on the London market, COLIV helps address the capital’s housing shortage by increasing the supply of an innovative residentia
