Rental Living – Urban multi-family

MGT’s urban multi-family strategy is underpinned by the thesis that lifestyle preferences of people born between 1980 and 2000 – the so-called “millennials” – will drive a long-term supply and demand imbalance for residential accommodation within selected European cities. Hence, creating opportunity for income growth and capital appreciation.

Developing and managing a portfolio of purpose-built rental residential

MGT’s strategic objective is to create a portfolio of purpose-built rental residential assets in and around London and other key cities in Europe. Our strategy is research driven, specifically focusing on property opportunities arising in cities, which are most affected by the lifestyle choices of the millennial generation. The primary cities of focus for us are London and Berlin.

We are investing in large-scale, residential-led mixed-use projects which combine both commercial and residential with public amenity. Priority is given to opportunities that have been granted outline planning consent, or similar.

The millennial generation driving demand

By 2020, millennials will account for 50% of the European working population, making them the single most important economic group. The generation faces significant challenges in finding affordable places to live. Home ownership is beyond the reach of many, so renting offers a flexible, attractive alternative. Our research predicts that certain European city markets, which we have identified as ‘Multi-family BtR’, will significantly outperform the wider market as hubs of innovation and creativity.

Our Multi-family BtR strategy is underpinned by the thesis that lifestyle preferences of people born between 1980 and 2000 – the so-called “millennials” – will drive a long-term supply and demand imbalance in certain sectors within selected European cities. Hence, creating opportunity for income growth and capital appreciation.

Visit the Station Hill website to see one of our investments.