Dartriver London – the specialist investment, development and asset management company – has created a new business with Conren Land and Indigo Invest.
The new company, CLI Dartriver, will be run by Neil Thompson and Ben Chambers, two of London’s most respected development and investment experts, who were together longstanding directors at Great Portland Estates plc. The new business intends to build a development and investment portfolio with in excess of £1bn of assets.
Neil Thompson commented: “This is a transformational step for our business, it provides substantial firepower for us to execute our active approach to investment and development in London.
“Conren Land and Indigo are ideal partners for us. Together we will invest on behalf of significant private capital, focusing on the long-term strengths of the London market. London is adapting to new market conditions with an ever-broadening occupier base and sustained demand for investment opportunities.”
Indigo Invest is an independent German Real Estate investment company which has invested extensively in Germany, Spain and the Netherlands and entered the London market in 2016. Going forward its London business will be exclusively via CLI Dartriver. David Gibson, previously Managing Director of Indigo Invest UK, will now retire.
Conren Land is a German investment manager which has successfully implemented numerous investment programs for private investors and institutional capital and has executed more than €1bn of transactions in the past two years in Spain and Germany.
Neil Thompson commented: “This commitment from Conren Land and Indigo Invest is a tremendous endorsement for the UK and London in particular. We are looking forward to building the new business venture together”.
