• Asset:

    Lumière Property Development Schemes, London

  • In 2017 we entered into a Joint Venture investment with Lumière Property, a Proptech company based in the south-east, which has developed a geospatial algorithm to identify under-utilised sites capable of accommodating higher density residential development schemes.
  • Properties which are identified using the software are then secured on subject-to-planning option agreements, which can be developed or traded on to developers once planning has been achieved.
  • We agreed to fund an initial portfolio of 15 transactions and, over the course of Q4 2017-present, we have transacted on 14 sites.