Driving Ahead

 

90 North has had a very busy start to 2017 following a frenetic Christmas and New Year holiday period. We have contracted $140Million of new acquisitions, are progressing new purchases and exits and we have kicked off the year with a major new hire for our London office.

In light of the recent election of US President Trump, imminent triggering of Article 50 (to commence the UK’s Brexit negotiations) and upcoming elections in Europe, 90 North is naturally very cautious. However we are delighted with the 27 acquisitions contracted to date and are totally focused on asset managing the current $1.5Billion real estate portfolio across the US, UK and Europe.

90 North has recently hired John Yeend, previously a Chartered Surveyor at LaSalle, as a Partner. With an extensive track record and proven transactional ability, particularly in the student housing, development joint ventures and broader real estate alternatives sector in UK, he will perfectly complement our team.

Notwithstanding our market caution, we continue to gather momentum as we appraise new opportunities with our international partners.