Delancey partners with family office to target Asia investors

The London-based real estate investment and advisory firm has partnered with family office Sandaire to provide real estate investment advice to Asian investors.

Delancey, the London-based real estate investment and advisory firm, and Sandaire an international family office with a presence in Singapore but headquartered in London, have together opened a real estate advisory business targeting Asian investors and family offices.

Named Mount Kendal the business will provide UK real estate investment advice across a myriad of multi-sector, single asset or asset portfolio investments – from office, retail, residential and logistics; to healthcare, and the education sector.

“Asia is clearly the dominant force as we look forward to the next 10 to 15 years. There continues to be a lot of capital coming from Asia directed at Western Europe,” commented Jamie Ritblat, founder and chairman of Delancey.

“London looks stable and quite compelling on a relative basis, albeit there is a little bit of uncertainty, but is very unlikely not to remain the capital city of Western Europe. We feel that this is a timely moment to launch Mount Kendal in an unsettled world, to enable Asian families and investors to make the most of the current opportunities in UK real estate.”

Mount Kendal will consider transactions of all sizes with a UK geographic focus, providing advice across investment acquisitions, disposals, development and asset management.

“We think there is an opportunity to serve the needs of significant families who want direct exposure to real estate. The service that we’re going to offer is a bespoke response to the requirements of the family offices and investors that we work with,” Alexander Scott, founder and chairman of Sandaire, added.

Through its funds, Delancey owns a diverse portfolio of residential, retail, office, logistics and corporate assets including 185 Park Street on London’s South Bank, private secondary school owners Alpha Plus Group and Here East, the digital and tech hub on the former Olympic site.