Global law firm Hogan Lovells has advised Aware Super on its acquisition of a 22 percent stake in Get Living PLC, one of UK’s pioneering platforms in the build-to-rent sector.
In alignment with its global expansion strategy, upon completion of the deal, Aware Super will purchase a 22 percent stake in Get Living and its property portfolio from Qatari Diar, joining existing investors APG, the Dutch pension fund, and DOOR, a residential investment vehicle comprising investment from Delancey client funds, Oxford Properties, Alecta, Allianz and LPPI.
Get Living’s circa £3 billion portfolio comprises 4,000 operational homes, with a secured development pipeline of 6,500 homes.
Aware Super is one of Australia’s top performing and largest superannuation funds with AU$150 billion assets under management.
The Hogan Lovells corporate finance team was led by UK Corporate Real Estate and Investment Funds partners Sian Owles and Amelia Stawpert, UK Tax counsel Christopher Hyde and Australia Private Equity partner Charles Bogle with support from associates Iulia Davidescu (London) and Valentina Zhuge (Sydney).
