BGO and LRC Group acquire 2,100 UK multifamily units

BGO Strategic Capital Partners, the secondary investment arm of BGO, has acquired a portfolio of 2,100 multifamily units across the UK, primarily in Greater London.

Bradstowe House - BGO

Partnering with BGO on the deal is the LRC Group, a fund manager specialising in UK residential properties.
This investment includes 19 new or recently renovated residential buildings situated in mature, well-connected areas with strong rental demand. The portfolio is largely occupied, providing immediate income and potential for long-term growth.
This move highlights BGO Strategic Capital Partners' ongoing strategy to collaborate with experienced local operators to invest in large-scale residential portfolios in the UK. The partnership merges BGO Strategic Capital Partners' global real estate investment knowledge with LRC Group's expertise in sourcing and managing properties within the UK residential market.
Cherine Aboulzelof, managing partner and co-head of BGO Strategic Capital Partners, said: “This investment reflects our conviction in the resilience of the UK living sector and the opportunity to acquire scale in a structurally undersupplied market. “Partnering with a trusted and well-respected firm like LRC gives us immediate access to a well-performing portfolio with strong in-place income and the potential to drive long-term value through hands-on asset management.”
Chris Dimitriadis, LRC Group CEO, added: “The transaction reflects a shared long-term view on LRC’s UK residential strategy and platform. This partnership brings together two highly complementary organisations. LRC has built a leading UK residential investment and operating platform, with a strong track record across sourcing, execution and asset management. Partnering with BGO, a highly experienced global investor, supports our continued scaling of high-quality residential portfolios in the UK, and we look forward to working closely together over the long term.”