Native reorganises to pioneer future of Build to Rent

Native Group announces Native Residential - a Build to Rent operator - as a new business entity and a series of promotions and hires.

Kampus, Manchester, a flagship Build to Rent development within Native Residential's portfolio | BTR News
Kampus, Manchester, a flagship Build to Rent development within Native Residential's portfolio.

Native Group announces the creation of Native Residential – an independent Build to Rent operator – as a new business entity, and at the same time announces a series of promotions and new hires. The growth of Native Residential has been supported by a series of new clients including Ridgeback Group/AIMCo, Invesco, City Developments Limited and Woking Borough Council.

Native Residential is recognised for providing a single operator solution for large-scale, mixed-use assets. It shares the same vision and ethos of its parent company Native Group, and under the continued oversight of CEO and Founder Guy Nixon, will now have its own business structure, team and growth plan. It will sit alongside its sister company Native Places, which continues to be led by Managing Director Olivia Immesi.

With over £2.5bn of assets under management on behalf of institutional, private equity, local authority and high-net-worth investors, Native Residential and Native Places’ parent company Native Group will continue its focus on delivering consistently strong revenue outperformance and operational excellence for all of Native’s asset categories – totalling over 4,800 units – across Built to Rent, Aparthotels and Serviced Apartments. 

“It’s a hugely exciting time to be operating in the Build to Rent market as demand for good quality rental accommodation continues across the UK.

“As an independent Build to Rent operator, supporting a growing number of institutional, private equity, local authority and high-net-worth investors in the sector, we’re excited to see the scale of the business and the depth of its expertise growing along with the exceptional quality of the people we’re bringing into the business to support this growth.

“By separating Native Residential from Native Places, we have created a highly skilled and dedicated team which will go from strength to strength as Build to Rent continues to solidify its reputation for providing long-term stable returns for investors.”

Guy Nixon, CEO and Founder of Native Group, Native Residential and Native Places

A new Native Residential senior leadership team has been created through a series of promotions. Rajiv Mehta is promoted to Operations Director (UK), Helen Aldridge is promoted to Director of Marketing & Communications, Simon Wilkinson is promoted to Commercial Director and Alec Newton is promoted to Origination Director.

Native Residential also announces a series of new hires. Ushir Patel joins as Head of Residential Finance from Knight Frank, Jake Matthews joins as Head of Facilities from Grainger, Richard Clogg joins as Head of Operations South from Get Living, and Dougie Orton-Wade joins the company as Head of Operations North from Allsop.

Native Residential’s senior leadership team | BTR News
Native Residential’s senior leadership team. L to R – Helen Aldridge, Director of Marketing & Communications, Simon Wilkinson, Commercial Director, Rajiv Mehta, Operations Director (UK) and Alec Newton, Origination Director.

Native Residential currently has 2,000 units operational and a further 2,000 units in its contracted pipeline. It is on track to have more than doubled employee numbers to 116 by the end of 2022, with a dedicated head office team driving rapid growth through operational excellence. 

“Build to Rent as an asset class has evolved into a sophisticated product. With increasing levels of supply starting to appear in numerous markets, Native Residential is setting itself apart by combining the strengths of our talented workforce and consistent operating procedures; creating communities with soul that generate predictable and sustainable income flows. 

“Utilising demographics, trends, data and research, Native Residential embraces market intelligence to design and operate assets which outperform. Operational excellence can only be achieved by combining specialised disciplines across revenue management, cost control, systems integration, brand, digital marketing, community building, ESG and compliance.

“As consumers benefit from more choice, it is increasingly important to focus on the customer. This should be the principle consideration for investors.”

Alec Newton, Origination Director, Native Residential