The fund has teamed with DTZ Investors to launch the world ’s first major institutional co - living fund . The investors are expected to invest up to £ 650 m ( $ 838 million ) in total equity commitments for the fund , known as COLIV , which will be used to acquire between six and 10 co - living assets in London over the next decade . The fund has launched with £ 70 m of seed capital and has already announced a deal to forward - fund a fund in 2020 .
The Collective has teamed with DTZ Investors to launch the world’s first major institutional co-living fund. The firms are seeking to raise up to £650m ($838m) in total equity commitments for the fund, known as COLIV, which will be used to acquire between six and 10 co-living assets in London over the next decade. The fund has launched with £70m of seed capital and has already announced a deal to forward-fund a development in Harrow.