Tristan’s EPISO 5 makes first investment in U.K. luxury later-living sector

EPISO 5, a fund managed by Tristan Capital Partners, acting together with Elysian Residences, has invested into a new €177.7 million ($203.7 million) development in Hampstead, U.K.

The acquisition marks the fund’s debut in the U.K. luxury later-living sector as it looks to grow its portfolio in the London market. Elysian Residences is an investor, developer and operator dedicated exclusively to the luxury later-living sector. The company already operates two schemes in the United Kingdom, The Landsby in Stanmore and Wildernesse in Sevenoaks, with a further three developments under construction, and five projects in the planning pipeline. The development in Hampstead will offer a range of apartments available for purchase, with extensive hotel-style amenities and support if needed. Elysian Residences will act as the developer, operator and operating partner, with building completion expected in 2024.

Kristian Smyth, executive director at Tristan Capital Partners,