Packaged Living is a bespoke Build to Rent developer and operator.
The business works across the residential property lifecycle by; acquiring unconsented land, designing and gaining planning, building out and ultimately managing homes within the Private Rented Sector (PRS). The business is currently backed by the following three investment partners:
Packaged Living benefits from the financial backing of Palmer Capital 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 and development management roles.
Packaged Living also enjoys access to Palmer Capital’s centralised framework of financial and legal expertise, assistance with structuring deals, sourcing finance and advising with negotiations and management matters, in return for a minority shareholding in Packaged Living.
Palmer Capital is a UK focused real estate investment management company, which focuses on both creating and actively managing core assets for investors. The company is majority owned by Fiera Properties Limited (“Fiera Properties”), Fiera Capital Corporation’s (“Fiera Capital”) dedicated real estate investment platform and part of Fiera Capital’s alternative asset offerings.
Heriot UK Limited is a registered UK entity with a particular focus on commercial and residential opportunities within the UK. Heriot UK Limited was established in 2017 by Steven Herring, who has real estate expertise, having developed and acquired retail, industrial, commercial and specialised properties in multiple jurisdictions over the past 20 years.
Everglen Capital is a UK- based privately-owned investment holding company who have a 25-year successful investment track record with deep roots in South Africa. The founders have vast experience in specialty finance and real estate. In addition to its property investments, Everglen Capital holds a 29% stake in Transaction Capital, a JSE listed financial services group with a R10.4bn market cap (as of March 2018).