Fiera Real Estate UK, the European real estate arm of Fiera Capital Corporation, and Packaged Living have appointed Mike Weston as strategic adviser to their recently announced UK single-family housing strategy.
Mike Weston
As strategic adviser to Fiera Real Estate Single-Family Housing (FRESH), Weston will advise on the fund’s impact strategy and capital formation as it builds upon Fiera and Packaged Living’s established record in the UK living sectors.
Weston’s experience spans more than three decades, with over half spent in senior leadership roles at local government pension schemes (LGPSs), private and charity sector pension schemes and commercial investment managers, including chief executive roles at LGPS Central and the Pensions Infrastructure Platform.
Charles Allen, head of European real estate at Fiera Real Estate, said: “Mike’s excellent knowledge of the UK institutional landscape and governance across major pension schemes will prove invaluable as FRESH moves quickly following its first close, delivering sustainable returns for our investors that set standards in institutional-grade single-family housing.”
Weston added: “Fiera and Packaged Living have a long-established track record in the living sectors, delivering high-quality, sustainable homes. In FRESH, both teams have a clear focus on addressing a critical shortfall in the UK housing market while offering institutional investors long-term yield.”
Announced earlier this month, FRESH is targeting £1bn in assets under management having recently completed its first close. Structured as an open-ended, core-plus fund, seed capital for FRESH is provided by a group of institutional investors.
