48-56 Ebury Bridge Road
A new £250m fund and Amazon Care's first development

A new £250m fund and Amazon Care's first development

04/04/2022 by Buildington

Amazon Property has committed, via Amazon Capital, a £250 million real estate fund to invest in joint venture opportunities in the retirement sector and other sectors including logistics, managed office solution, PBSA and Life Sciences.

Amazon Capital has committed £100 million of equity and debt/bank funding, to raise the £250 million that will be used to provide private equity funding to joint venture partners/development managers and asset managers in the retirement care sector, under Amazon Care, and will also look at investing elsewhere in the alternatives sectors including logistics, managed office solutions, PBSA and Life Sciences.

Amazon Care is currently developing in Belgravia under the Loveday brand (5th central London site) and is in the process of acquiring a number of sites in Zones 2 and 3.

In the care sector, Amazon Care will be developing a collection of care homes of between 25,000 sq ft to 70,000 sq ft in size, providing between 25 to 150 suites, complete with luxurious lifestyle amenities operated through a private-rented-sector model with a focus on dementia care.

Amazon Property built its strong brand reputation for quality and fine attention to detail through delivering some 80 mixed-use developments such as The Hempel Collection with British Land, The Park Crescent and The Soho Works Estate and acquiring over 3 million square feet of development and investment assets. The group’s success over a 25 year period is its operational flexibility in being able to consider a wide variety of asset classes, with varying degrees of complexity, and delivering best-in-class projects, this agility has been the hallmark of the brand.

Chris Lanitis, COO of Amazon Property & Founder & CIO of Amazon Capital commented: “Amazon Capital is a bespoke private equity operator who understands the real estate market and as a JV partner we offer long-term support, flexibility, innovation together with streamlined and fast decision making. We have committed £250 million of fresh funding and are seeking new joint venture opportunities across London and the UK. 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.”

Site or joint venture partners wanting to speak to Amazon Property please find the contact details on the Amazon Property profile.

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