CEO Michael Dong on Insider Media Property Disruptors 2019
Investar Property Group specialises in developing build-to-rent schemes in cities and towns across the North, while also representing overseas investors on projects with a combined value of more than £1.5bn.
Chief executive Michael Dong says placemaking is a “key part of our philosophy”, with the group set to continue working with councils in Manchester, Trafford, Salford and Bolton to tackle the biggest housing issues, including the short supply of affordable homes for over-55s.
“Affordable homes should be design-led, future-proofed for generations to come and to meet the demands of our growing ageing population, while building sustainable communities in which people feel proud to live.
“Our aim is also to acquire more brownfield land in strategic areas; close to primary towns and cities, but with potential to create new places. Joint ventures with land owners and placemaking with end users in mind are a vital part of this approach.”
Melody Gardens in Salford – the group’s 58-home social housing scheme for registered provider Places for People – marks a “turning point” for Investar, and follows a development model it aims to replicate across the North West. Dong adds: “Although Melody Gardens is one of our smallest developments in terms of GDV, it is something we are most proud of relating to social value.
“In the coming year, we will also continue to attract inward investment, embrace new build technologies such as modular building and work with businesses to anchor placemaking schemes by leveraging our strong relationships with institutional investors in the Asia, who have a robust appetite for the UK property market.”
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