Feldberg Capital has taken a significant step towards sustainable development in London’s real estate sector by initiating a major investment fund focused on eco-friendly transformations. This initiative, named the ReForm Fund, made its first major move by acquiring the 8 Bloomsbury Street property in central London, signalling a commitment to environmentally sustainable practices in property development.

The ReForm Fund, with a targeted fundraising goal of approximately £300 million, aims to leverage this amount to reach an investment capacity of around £500 million, including debt. This strategy underscores Feldberg Capital’s dedication to revamping central London’s office spaces, turning traditional buildings into modern, green workspaces.

Located in a vibrant area close to Soho, Fitzrovia, and Marylebone, 8 Bloomsbury Street represents the kind of properties Feldberg Capital is targeting. The fund focuses on areas with strong growth potential and excellent connectivity, meeting the increasing demand for environmentally sustainable and energy-efficient office spaces. The building, refurbished in 2017, will undergo further modifications to offer high-quality green workplaces, responding to the growing market need for such spaces.

Feldberg Capital, which acquired the London real estate investment management business formerly known as Brunswick Property Partners, brings expertise in creating sustainable, community-focused developments. This move aligns with the increasing regulatory emphasis on energy efficiency and the rising demand for high-quality green workplaces.

The ReForm Fund is pioneering in linking a portion of its management fees to pre-determined Environmental, Social, and Governance (ESG) targets. This innovative approach ensures alignment between investors’ ESG goals and financial returns, marking a significant development in responsible real estate investment. Feldberg Capital’s strategy reflects a broader shift in the property market, with an increasing focus on sustainability and social responsibility. The ReForm Fund’s initiative offers an excellent opportunity for investors and developers to engage in a forward-thinking, sustainable transformation of one of the world’s most dynamic urban landscapes.