August 12, 2022
Following a period of exciting growth at Fiera Real Estate UK, the team has celebrated a string of promotions and new appointments across the business.
Patrick Freestone promoted to Director and Deputy Fund Manager
Patrick joined Fiera Real Estate UK in 2020 as Associate Director, working directly with Head of Value Add REIM on the business’s value add initiatives. His role was focused around investing equity and managing the assets in the Fiera Real Estate Opportunity Fund V, which reached its final close earlier this year with £180m of equity. Over the coming years, Patrick will be responsible for investing the capital in our latest value add venture, and first logistics-focused vehicle, Fiera Real Estate Logistics Development Fund, which first closed in June with £180m and is targeting BREEAM Excellent ratings and net zero construction for all projects across the fund . Patrick’s strong work ethic and fantastic output over the past few years has secured him his well-deserved promotion to the role of Director.
Sam Fleming promoted to Director and Head of Transactions
Sam joined Fiera Real Estate UK in 2017 and has been integral to the success of the investment team. Over the years, Sam has gained a wealth of transaction experience working with the Core team to grow Fiera Real Estate’s Long Income Fund and its Separately Managed Accounts. Throughout 2021, the UK commercial real estate market transacted c.£57billion and c.£19billion of these were reviewed by FRE UK, meaning that 1/3 of all available UK commercial real estate transactions in 2021 were accessible by the FRE UK network. Sam has continually raised the standards across the investment team and is recognised as a key driver of success for the business.
It’s been a year of exciting change at Fiera Real Estate, following the announcement that Alex Price would hand over the reins of the UK division to Charles Allen. The change came into effect in July and has certainly triggered off a period of growth for the business. With the launch of the firm’s logistics-focused fund, an aim to reach Net Zero Carbon on its long income fund and lots of other initiatives bubbling away, the business is showing no signs of slowing down…