Long Harbour, the UK real estate and asset-backed investment manager, has promoted Rebecca Taylor as Managing Director of its build to rent investment team for the Long Harbour Multi-Family (“LHMF”) investment programme.
Now the third in its series, the LHMF will deploy £500m of capital into build to rent development in the UK within the next two years. Rebecca will lead the vehicle’s acquisition programme as it targets high quality schemes of over 150 units in London, the South East and selected regional cities. The LHMF made its first investment in May 2019 with the £70m forward funding of a 166-unit scheme at Tottenham Hale with developer Berkley Square Developments.
Rebecca will continue to report to James Aumonier, Fund Manager and Executive Director for Long Harbour’s build to rent investment programme. James is also Chief Operating Officer and co-founder of Long Harbour.
Rebecca Taylor joined Long Harbour in 2015 as Director Real Estate. Prior to this spent eight years within Laing O’Rourke’s property and investment team, and brings over 15 years of experience of development and investment projects across the UK, Australia, and UAE.
William Astor, Chief Executive at Long Harbour, said: “Rebecca’s promotion underlines our focus on the investment programme for the Long Harbour Multi Family Venture, and our ambition to invest up to half a billion pounds in high quality build to rent assets. Rebecca will do an excellent job in further upscaling our build to rent activity and driving this approach forward.”
Rebecca Taylor, Managing Director of the Long Harbour Multi-Family Venture, said: “As we increase our investment activity our priority will be to identify not only the best schemes and developments but the best delivery partners. Through our Way of Life platform we will ensure our projects deliver not only the very best experience for our customers but also outperformance for investors.”
Long Harbour is an established, fast-growing UK and European real estate investment manager. The Company is a residential sector specialist and has a proven record of AUM growth with currently £1.8bn of assets under management across its investment programs.
Long Harbour was established in 2009 and the group now employs over 100 staff with 80 based in its London headquarters.
An early entrant into the UK build to rent market, Long Harbour has invested in excess of £400m in the private rented sector over the past 6 years in a number of keystone assets across the UK, consistently delivering on its investment targets and profiled returns.
Source : Company