Swiss Life Asset Managers announces London co-living joint venture with True North Management

Swiss Life Asset Managers has entered a strategic joint venture by acquiring a minority ownership stake in True North Management, a real estate investment management company founded by CEO Jill Ju and her business partner Ingo Holz, a Germany-based international real estate expert and founder of BEOS AG (now part of Swiss Life Asset Managers).

The joint venture represents an important step in Swiss Life Asset Managers’ commitment to diversifying and growing its investment portfolio and exploring untapped opportunities within the United Kingdom’s dynamic living sector.

Established in 2021, True North Management built its first project, Holm Wimbledon Park, in London. This project has achieved significant success, boasting a 99 percent occupancy rate with plans for expansion under way to bring the total to 111 beds.

Since then, it acquired a second prime asset in a London Zone 1 location, with the opportunity to craft another exceptional co-living space in the