Feldberg Capital has appointed Luke Duckworth as fund manager for Cora, its £500 million (€593 million) brown-to-green workplace fund targeting refurbishment opportunities in London’s West End.
Based in Feldberg’s London office, he will be responsible for managing Cora’s assets, investor relations and supporting ongoing capital raising for the fund.
Duckworth joins from Nuveen Real Estate where he was assistant fund manager of a €2 billion fund that invested in diversified opportunities in European cities. Prior to this he worked in a real estate finance role at the Royal Bank of Scotland.
Cora was launched in October 2023 to invest in energy inefficient ‘brown’ offices and retrofit and reposition these assets into modern green workplaces. The fund has completed two acquisitions since launch with the purchase of 21-25 Bedford Street, a building close to Covent Garden Piazza and 8 Bloomsbury Street, a property located close to Tottenham Court Road station.
Source: https://propertyeu.info/Nieuws/Feldberg-appoints-fund-manager-for-London-brown-to-green-strategy/7d3cd11e-a3c1-45fb-ad64-97043cb23e1b on 06.09.2024