News

Southernwood Capital has acquired two Build-to-Rent apartment blocks in Northampton and Leicester and called Final Close for Southernwood Residential I.  Stoughton House (Leicester) and Dickens Factory (Northampton) represent just over half of the invested assets for Southernwood Residential I.  Alongside Eden Place (Grantham), River Buildings (Leicester) and Porchester House (Nottingham) the portfolio holds 85 apartments across five blocks.

Following the two acquisitions Southernwood Capital has called Final Close for Southernwood Residential I after raising £4m in Series A and B investments.  The fund will now enter its management phase and will continue to deliver a high income yield to investors following it’s first distribution in December 2021.

Southernwood Capital has exceeded expectations and raised £3.7m of equity funding and over £6.5m of senior debt for the Southernwood Residential I Built to Rent fund; creating a leveraged fund of at least £10m.  Funds have been raised from high net worth individuals, sophisticated investors and latterly SIPP and SASS pension investors.

“When we started Southernwood six years ago our aim was to build an institutionally attractive investment product in the private rented sector asset class.  As the pandemic era has further proven the sector is resilient, asset backed and if managed appropriately can be beneficial for both occupiers and investors.  Southernwood’s 360-degree approach of fund management alongside in-house professional property management is a key driver of the early success of the Southernwood fund” Irvine Robertson, Managing Partner – Southernwood Capital.

Series B funding is now open.  For further information contact investment@swc-llp.com

Capital at Risk

Southenrwood Capital has won the award for “Real Estate Investment Firm of the Year” in the BUILD Real Estate and Property Awards.   The award is a testament to the team’s level of professionalism and hands on real estate investment management in a most challenging year.

“We’re delighted to have won this award from BUILD.  We set a path to professionalise the private rented sector and to prove ourselves as an industry leader in this asset class. It is great for the team to receive this accolade to reinforce our goal.”  (Tom Bewick, Vice Chairman)

Irvine Robertson, Managing Director of Southernwood Group has led the spin-off of the Group’s fund management business creating Southernwood Capital LLP; a new fund management boutique.

As part of the deal Tom Bewick OBE and Milla Mackley have joined the firm as partners whilst Leith Robertson remains as Chairman.

Southernwood Group will continue as a family office investment shell and has handed over the management of its enterprise to Southernwood Capital.  Southernwood Capital will hit the ground running and continue to ramp-up fund raising for the Southernwood Residential I fund which is expecting to call it’s first close at the end of this year.

Southernwood Group has registered with the Financial Conduct Authority as a small registered UK Alternative Investment Fund Manager.  The registration with the FCA allows Southernwood Group to actively manage the Southernwood Investments 3 LP fund for investors and imposes a high level of required regulatory compliance.

The team at Southernwood always strive to be the market standard for regulatory compliance and we proactively place ourselves ahead of competitors in the changing legislative landscape.