Danescroft benefits from the substantial financial backing of Fiera Real Estate and draws on funding for development and investment via a number of in-house managed funds.
Funding is available from £1m – £100m+, with acquisitions typically in the range of £2m – £30m for unconditional deals, joint ventures, subject to planning deals and promotions.
Fiera Real Estate
Fiera Real Estate, in its previous name of Palmer Capital, has been a minority shareholder in Danescroft since 1997. This brings the financial backing of Fiera Real Estate to Danescroft and access to funding for development and investment via a number of in-house managed funds. Equity per transaction ranges from £1m – 50m+, with funding for unconditional acquisition and partnerships with vendors, occupiers and other land owners.
Danescroft also enjoys access to Fiera Real Estate’s centralised framework of financial and legal expertise, assistance with structuring deals, sourcing finance and advising with negotiations and management matters.
Fiera Real Estate is an investment management firm, which focuses on both creating and actively managing core assets for investors. The UK business was founded in 1992 and directly manages around £815 million Assets Under Management (AUM).
Fiera Real Estate manages around $5 billion of real estate globally, through its investment funds and accounts. It is wholly owned by Fiera Capital Corporation, a leading multi-product investment-management firm with more than $124 billion AUM.
Further information regarding Fiera Real Estate and the funds available to us can be found at fierarealestate.co.uk.
Third Party Investors
Danescroft also work with a number of third party private investors and fund managers who together provide substantial equity on a deal by deal basis.
Immediate funding is therefore available for speculative development projects, unconditional land purchases, and value add/asset management investments, from £1m-£100m of equity per deal.