Tri7, the specialist UK value-add real estate investment and asset management firm, and its joint venture partner Fusion Group have submitted a planning application to Leeds City Council.
Dan Green is a partner at investment and asset manager Tri7 and he’s recently been spending a lot of time in the North looking at small floorplate, multi-let office blocks in city centres.
Investors have dived into beds, sheds and meds, but in a few years will realise their portfolios aren’t well weighted and will go back into regional offices, assets which are underpriced today but could be a winner.
Tri7 have revealed their plans for a new PBSA-led development in Leeds city centre, which will provide best-in-class student accommodation a stone’s throw away from the city’s four universities.
Tri7’s very own Daniel Green has written an opinion piece for EG in which he sets out why we believe social impact needs to be a much greater part of developers’ strategies.
While much of the property industry ground to a halt at the end of last year, one area continued ploughing on at the pace it always does: planning.
Deal represents a net initial yield of 8% and comes six months after Tri7 leased building in entirety to Bramble.
Tri7 partner Dan Green spoke to CoStar News, the leading European and U.S. real estate publication.
Tri7 partner Dan Green joined a panel of fellow industry experts to discuss the rise and resilience of the rental sector.
Opportunistic real estate could either mean any asset or opportunity that has untapped or unidentified potential.
