90 North Real Estate Partners, a London-based, international real estate investment management and advisory firm, has expanded into North America with the appointment of Daniel T. Cooper, a 25-year veteran in commercial real estate investing, to lead its Chicago-based, North American operations.
According to Philip Churchill, Founder and Managing Partner of 90 North, this expansion is part of a strategic, long-term plan to invest $750 million in U.S. commercial real estate during the next 18 to 24 months. “We see tremendous investment opportunities in the U.S. commercial real estate market, as strong demand continues to drive interest from around the word,” Churchill said. “A man of Dan’s credentials leading our North American operations and executing an aggressive investment strategy is a significant first step in our business plan, and we are delighted to have him.”
90 North was founded in London in 2011 as an independent investment advisory firm that focuses on socially responsible real estate investments, including Shariah compliant investments. 90 North has made $750 million in international real estate investments since 2012, buying office, industrial, senior living, and student housing properties throughout the UK.
Daniel T. Cooper has 25 years of U.S. real estate investment and operations experience across a wide range of property sectors. He most recently was Managing Director, Fund Management, for the $1.8 billion HSBC Amanah Global Properties Income Fund, where he developed an expertise in, among other things, Shariah compliant transactions. Prior to that he was Director, Portfolio Management, for the $1.1 billion Principal America Office portfolio of U.S. trophy assets traded on the Australian Stock Exchange.
Cooper is responsible for expanding 90 North’s real estate investment portfolio in the U.S. and North America, targeting assets valued from $40 to $100 million. Those investments likely will be concentrated in the office, industrial, medical/healthcare, student housing and related sectors, and located in prime markets across the continent.
“90 North has already established itself internationally as a market leader in the selection and diligent structuring of compelling real estate investments ranging from $40 million to $100 million,” Cooper said. “The U.S. market provides considerable opportunities across a number of sectors and markets. We intend to be an active investor in properties with strong fundamentals that can deliver solid tangible and intangible returns for our investors.”
