Related Cos. is one of America’s most prominent real estate firms, developing mixed-use, residential, retail, office, and affordable properties. It regularly appears on Top 50 lists of owners and developers. Overall, it owns and operates a premier portfolio of global assets valued at over $20 billion.
Affordable Housing Finance's Donna Kimura reports the company now has its eyes set to Europe.
Related Cos. has increased its considerable reach by acquiring a 50% stake in Pocket, a leading developer of homes for first-time buyers in London.
One of the largest owners and developers of affordable housing in the United States, Related’s strategic investment in Pocket marks the first transaction of its kind, where a U.S. real estate firm has invested in the U.K.’s affordable housing market to help working people into home ownership, according to the company.