Tri7 Group, a specialist real estate investment firm, has formally integrated into student accommodation developer, Fusion Group, bringing with it a £750 million pipeline of capital mandates.
Having been part-owned by Fusion since its creation, the move significantly boosts the group’s real estate investment and asset management capabilities, with Tri7’s founding partner Samuel Castle and senior partner Dan Green working with Fusion’s chief investment officer, Daniel Harris to raise and manage third-party capital.
The collaboration will help fund the ongoing development of Fusion’s integrated platform and meet the needs of third-party investors looking to deploy capital in the student accommodation and broader living sectors, including mixed-use developments.
It also comes on the heels of Fusion securing a £500 million whole loan facility from Maslow Capital, set to finance the development of five prime purpose-built student accommodation (PBSA) assets across the UK.
Castle said that combining the £750 million pipeline with Fusion’s operational depth will enable both companies to scale their strategy and capture new investment opportunities.
“Being fully integrated Fusion Group allows us to scale our strategy and institutionalise our platform, while maintaining the entrepreneurial mindset that characterise our teams,” he said.
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