Oxford Properties completes £600m Get Living buy-in

Get Living has completed a £600m recapitalisation with Oxford Properties, as reported by EG in January.

Delancey client fund DV4 and Oxford Properties, owned by Ontario Municipal Employees Retirement System, have formed Delancey Oxford Residential (DOOR) – a new co-investment platform with initial capital of £600m.

DOOR will take a 39% ownership of the current Get Living portfolio of two London schemes at East Village in Stratford and Elephant Central in Elephant and Castle, which comprise 2,000 homes.

It will have the same share in the development pipeline of 4,400 homes Get Living