Amazon Capital has committed £100m of equity and debt/bank funding to raise the £250m, which will be used to provide private equity funding to JV partners, as well as development and asset managers in these five sectors.
In logistics, Amazon Capital will focus on funding or entering JVs — £5m-£30m investment value schemes — for acquiring or developing second generation estates of between five and 20 acres in size, typically providing 200,000-500,000 sq ft of warehouse accommodation.
For the managed office solution market, the company will look to purchase landmark office buildings, with acquisitions from £5m-£50m in various locations, including central and Greater London and the Home Counties.
In the student accommodation sector, Amazon Capital will offer funding for acquiring sites without planning to facilitate the delivery of PBSA schemes providing 300-500 beds in key university centres.
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For the life sciences sector, Amazon Capital will partner with global life sciences companies in medical research hubs — including Cambridge, Oxford, Stevenage and London — to provide funding for real estate infrastructure, such as laboratories, R&D plants, medical/medicine manufacturing plants, drug/medical warehousing and scientist office spaces.
Meanwhile, in the care sector, the group’s division Amazon Care will be developing a collection of 25,000-70,000 sq ft care homes providing 25-150 suites, as well as lifestyle amenities operated through a PRS model with a focus on dementia care.
Amazon Care is currently developing in Belgravia under the Loveday brand, and is in the process of acquiring a number of sites in zones 2 and 3.
Chris Lanitis, COO at Amazon Property, and founder and CIO at Amazon Capital, said: “Amazon Capital is a bespoke private equity operator which understands the real estate market, and as a JV partner, we offer long-term support, flexibility and innovation, together with streamlined and fast decision making.
“We have committed £250m of fresh funding and are seeking new JV opportunities across London and the UK with other talented entrepreneurs and sector leaders.
“We are able to make fast investment decisions, as opposed to prolonged board committees, and are committed to forming equity platforms and repeat deal flow in line with our partners’ long-term business endeavours.”