As a range of players seek new opportunities, non-traditional real estate assets are coming to the fore. Funders, developers, operators and investors looking for a market niche are increasingly eyeing properties such as care homes, bingo halls, student accommodation, motorway services and sheltered housing. Often rising in response to changing tastes, demographics and socioeconomic factors, these assets present interesting opportunities that require specialist expertise and understanding to exploit.
Gerald Eve’s alternative markets team holds sector-leading understanding of the supply, demand, regulatory and operational drivers that underpin these specialist assets and their trading potential, enabling the provision of robust advice to operators, investors, developers and funders.
Operating from London with support across the regions, Gerald Eve’s alternative markets team comprises 36 partners and associates. Instructions include: advising Gala Coral Group on its portfolio of 60 bingo halls and casinos as part of a restructuring; valuation of 20 Roadchef motorway service areas; and working with Legal & General Property on the acquisition of six care homes under sale-and-leaseback and forward funding structures.