True North Management, a real estate investment and management company backed by Germany's FEOS, has launched its debut co-living property, Holm Wimbledon Park, in Southfields, London.
Focused on creating attainable, high-quality flexible living homes, True North has a pipeline to deliver 1,500 units in London over the next 3 years.
Holm Wimbledon Park features 86 studios and communal spaces to encourage both focused work and social interaction. Residents can enjoy amenities such as indoor/outdoor lounges, chef's kitchens, private dining room, co-working spaces, a communal garden and a community events calendar.
Jill Ju, CEO and founder of True North Management, said: 'Holm Wimbledon Park is the beginning of our mission to create attainable, sustainable, and quality rental homes. United by a shared passion for creating mindful living spaces, we have assembled a team with extensive experience in the living sector and a proven track record.
'We have seen significant demand for high-quality, well-managed rental assets that are built for middle-income Londoners, and we are currently working on additional sites that could create further flexible living homes.'
In line with the firm's commitment to social value, conscious decisions were made throughout the transformation process, such as sourcing soft furnishings from Ukraine, thereby supporting Ukrainian businesses and communities. A large area of the outdoor space has been transformed into a wildflower meadow and 'bug hotels' are installed to enhance the biodiversity of the site.
True North was founded in 2021 by Ju drawing on her many years of experience in the living sector. Formerly investment director at Greystar and chief investment officer at The Collective, she has an extensive track record in creating assets, brands and investment vehicles across PBSA, BTR and co-living sectors.
The business is backed by FEOS, led by real estate veteran Ingo Holz, co-founder of industrial asset and investment management company, BEOS.
The team is also advised by Marcus Hale, former pan-European development director at Patrizia.
