In the first episode of our second series of Let’s Talk South Coast, our host Nella Pang is joined by Patrick Freestone, Fund Manager at Fiera Real Estate and Ed Ellerington, Founder of Packaged Living to talk about transformational projects taking place in Southampton and the projects that Fiera Estate and Packaged Living are currently working on and how they differ from their competitors.
What you’ll hear about in this episode:
- ESG initiatives and schemes
- Why Ed and Patrick believe there is such a push towards the South Coast at the moment
- How Fiera Estate manage their low carbon construction while still achieving BRS excellence status
- Social connections and housing
- How the companies are dealing with construction cost increases and pressures to be greener
Key Insights From This Episode:
- In Southampton we’re bringing together a much wider regeneration community, which has an office element, residential element, and ideally a co-living element as well in the future. – Ed
- We take sustainability and the longevity of our developments incredibly seriously. We act in a really responsible way, but with a focus on resilience, long term resilience of our developments, and also engaging in local communities and stakeholders work, before we deliver our projects in terms. – Patrick
- We’ve seen the rental market in Southampton grow around 30% over the last decade, which is around 7,000 households in 10 years. Which is huge. That’s far bigger than the southeast generally. But what we also see is that there’s a significant lack of good quality rental stock in the city. – Ed
- At the moment, we are still building, we’re delivering schemes across the country. It’s certainly got a bit trickier because of where we sit with cost creation at the moment. But it’s still viable and will continue to develop in the long term. – Patrick
About Our Guests:
Patrick Freestone works as the Deputy Fund Manager for two UK focused Opportunity Funds, where he focuses on Fund Management, Investment transactions, JVs, Development & Asset Management across Industrial, Office and Residential sectors. He is also a member of the UK ESG Committee.
Ed Ellerington and Fiera Real Estate founded Packaged Living in 2018, a bespoke Build to Rent developer and operator that works across the residential property lifecycle. He started his career at the Bank of Scotland in the corporate origination team, focusing on real estate transactions.
Resources:
Companies Mentioned:
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