Downing LLP appoints new investment director to bolster its ‘build to rent’ sector focus for institutional investors

19/1/23
5 min
Property finance
News

Downing LLP is pleased to announce the appointment of Bruno Lobo as an Investment Director within the Property Finance Team. Bruno will be bringing his expertise to expand Downing’s focus on the ‘build to rent’ sector, which will involve deploying institutional capital to fund residential projects.

Bruno joins Downing from S+A Capital, where he was a co-founder and managing partner. Bruno began his career in New York as an associate in Brookfield Asset Management’s global real estate group, before becoming a founding director of Avenida Capital, focused on urban development projects in key Latin American markets. He was then the director of real estate at AECOM Capital in London. Bruno holds a PhD from Columbia University in New York and is a member of Living Concepts Council in Europe of the Urban Land Institute.

Downing has onboarded Bruno to develop its focus on the ‘build to rent’ sector, which will involve deploying institutional capital to fund residential projects specifically to deliver high-quality residential rental stock.

This news comes as Downing’s Property Finance team has passed £300 million in commitments since inception. This growth was delivered without any loss of capital or interest to date, despite tough market conditions.

Bruno Lobo, Investment Director, Downing LLP: “I’m delighted to be joining Downing’s property finance division. It’s clear that the team is performing at a high level, as demonstrated by the significant milestones achieved this year. I look forward to bringing my expertise to build an investment strategy that will be an attractive proposition for institutional investors and local partners - while contributing to create successful places and anchor communities.”

Parik Chandra, Partner, Downing LLP: “Expanding our capability into the ‘build to rent’ sector is an important step in our growth journey and logical given our wider property finance activities and funding we provide to ‘build to sell’ developers. Bruno’s experience will be vital for making this a success – it’s great to have someone of his calibre on board.”

Click here to find out more about the Downing Property Finance team.

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Downing LLP is pleased to announce the appointment of Bruno Lobo as an Investment Director within the Property Finance Team. Bruno will be bringing his expertise to expand Downing’s focus on the ‘build to rent’ sector, which will involve deploying institutional capital to fund residential projects.

Bruno joins Downing from S+A Capital, where he was a co-founder and managing partner. Bruno began his career in New York as an associate in Brookfield Asset Management’s global real estate group, before becoming a founding director of Avenida Capital, focused on urban development projects in key Latin American markets. He was then the director of real estate at AECOM Capital in London. Bruno holds a PhD from Columbia University in New York and is a member of Living Concepts Council in Europe of the Urban Land Institute.

Downing has onboarded Bruno to develop its focus on the ‘build to rent’ sector, which will involve deploying institutional capital to fund residential projects specifically to deliver high-quality residential rental stock.

This news comes as Downing’s Property Finance team has passed £300 million in commitments since inception. This growth was delivered without any loss of capital or interest to date, despite tough market conditions.

Bruno Lobo, Investment Director, Downing LLP: “I’m delighted to be joining Downing’s property finance division. It’s clear that the team is performing at a high level, as demonstrated by the significant milestones achieved this year. I look forward to bringing my expertise to build an investment strategy that will be an attractive proposition for institutional investors and local partners - while contributing to create successful places and anchor communities.”

Parik Chandra, Partner, Downing LLP: “Expanding our capability into the ‘build to rent’ sector is an important step in our growth journey and logical given our wider property finance activities and funding we provide to ‘build to sell’ developers. Bruno’s experience will be vital for making this a success – it’s great to have someone of his calibre on board.”

Click here to find out more about the Downing Property Finance team.

We are delighted to announce that Mark Gross, Partner and Head of Development Capital, has been named Equity Investor of the year at the HealthInvestor Power List 2024 Awards.

Following Mark’s achievement last year when he won the “Leading Investor” award at HealthInvestor’s Power50, this year’s win further highlights his continued success and expertise in investing across the healthcare sector. 

The judges praised Mark for finding success both in value and volume this year, delivering good returns and growth. They were impressed by how Mark has continued to strengthen a strong track record with further growth in the team and new funds securing further backing. We extend our thanks to Mark and the Downing Development Capital team for their continued dedication and support in expanding our healthcare investment activities with a focus on quality, performance and reputation. 

Congratulations Mark!

Development Capital  

Downing Development Capital is an award-winning investor focused on investment opportunities into asset-backed operating businesses with downside protection. Typical sectors they invest in include healthcare, specialist education, hospitality, leisure and IT infrastructure.

Learn more about our Development Capital team

Downing LLP is pleased to announce the appointment of Bruno Lobo as an Investment Director within the Property Finance Team. Bruno will be bringing his expertise to expand Downing’s focus on the ‘build to rent’ sector, which will involve deploying institutional capital to fund residential projects.

Bruno joins Downing from S+A Capital, where he was a co-founder and managing partner. Bruno began his career in New York as an associate in Brookfield Asset Management’s global real estate group, before becoming a founding director of Avenida Capital, focused on urban development projects in key Latin American markets. He was then the director of real estate at AECOM Capital in London. Bruno holds a PhD from Columbia University in New York and is a member of Living Concepts Council in Europe of the Urban Land Institute.

Downing has onboarded Bruno to develop its focus on the ‘build to rent’ sector, which will involve deploying institutional capital to fund residential projects specifically to deliver high-quality residential rental stock.

This news comes as Downing’s Property Finance team has passed £300 million in commitments since inception. This growth was delivered without any loss of capital or interest to date, despite tough market conditions.

Bruno Lobo, Investment Director, Downing LLP: “I’m delighted to be joining Downing’s property finance division. It’s clear that the team is performing at a high level, as demonstrated by the significant milestones achieved this year. I look forward to bringing my expertise to build an investment strategy that will be an attractive proposition for institutional investors and local partners - while contributing to create successful places and anchor communities.”

Parik Chandra, Partner, Downing LLP: “Expanding our capability into the ‘build to rent’ sector is an important step in our growth journey and logical given our wider property finance activities and funding we provide to ‘build to sell’ developers. Bruno’s experience will be vital for making this a success – it’s great to have someone of his calibre on board.”

Click here to find out more about the Downing Property Finance team.

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Torsten Mack, Investment Director at Downing, said:

"We are proud to support this exceptional management team, whose strong track record positions them well to build a new business in dementia care. This needs-based sector is underpinned by a lack of quality supply and we are investing in Fortava Healthcare to set and deliver high standards, and to help make a difference."

Johann van Zyl, CEO at Fortava, added:

"I’m thrilled to be working with Jamie, as we share the same values. We plan to grow Fortava into a leading provider of dementia care over the next five to seven years. But growth isn’t our primary focus—our goal is to deliver outstanding care and foster a joyful, supportive environment for both residents and staff. We’re delighted to be partnering with Downing who also share our values and we look forward to this journey with them."

Jamie Stuart, CFO at Fortava, commented:

“For me, it's about being more than just another care home provider. While dementia care in the UK is generally of a good standard, we want to set ourselves apart with a fresh approach. That’s why, after over 25 years in banking, I chose to partner with Johann and Downing on this venture.”

Downing LLP is pleased to announce the appointment of Bruno Lobo as an Investment Director within the Property Finance Team. Bruno will be bringing his expertise to expand Downing’s focus on the ‘build to rent’ sector, which will involve deploying institutional capital to fund residential projects.

Bruno joins Downing from S+A Capital, where he was a co-founder and managing partner. Bruno began his career in New York as an associate in Brookfield Asset Management’s global real estate group, before becoming a founding director of Avenida Capital, focused on urban development projects in key Latin American markets. He was then the director of real estate at AECOM Capital in London. Bruno holds a PhD from Columbia University in New York and is a member of Living Concepts Council in Europe of the Urban Land Institute.

Downing has onboarded Bruno to develop its focus on the ‘build to rent’ sector, which will involve deploying institutional capital to fund residential projects specifically to deliver high-quality residential rental stock.

This news comes as Downing’s Property Finance team has passed £300 million in commitments since inception. This growth was delivered without any loss of capital or interest to date, despite tough market conditions.

Bruno Lobo, Investment Director, Downing LLP: “I’m delighted to be joining Downing’s property finance division. It’s clear that the team is performing at a high level, as demonstrated by the significant milestones achieved this year. I look forward to bringing my expertise to build an investment strategy that will be an attractive proposition for institutional investors and local partners - while contributing to create successful places and anchor communities.”

Parik Chandra, Partner, Downing LLP: “Expanding our capability into the ‘build to rent’ sector is an important step in our growth journey and logical given our wider property finance activities and funding we provide to ‘build to sell’ developers. Bruno’s experience will be vital for making this a success – it’s great to have someone of his calibre on board.”

Click here to find out more about the Downing Property Finance team.

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Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: Downing, 10 Lower Thames Street, London, EC3R 6AF.

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