With over 125 years of track record, the Mactaggart Family & Partners platform provides a unique perspective on the real estate world for its co-investment partners, benefitting from principal experience in a variety of market cycles.
Our long-term, fundamentals based approach to acquisitions and projects, combined with the rigorous analysis of our development and asset management intensive projects, gives us the ability to deliver attractive risk adjusted returns.
In addition to real estate fundamentals, such as location, supply and demand and the physical condition of the asset, we scrutinise planning use, structure partnerships with the best operators and also work the capital structure of real estate opportunities.
As an investor in their projects, Western Heritable ensures that Mactaggart Family & Partners’ interests are fully aligned with those of third-party investors; Western Heritable will always be a significant equity investor in every transaction the platform undertakes and stand alongside co-investors.
The Mactaggart Family & Partners Investment Committee and Advisory Board have extensive experience of investment in and the development, asset management, structuring and financing of a wide range of real estate in London, the UK and New York.
Principal activity, however, is focused on direct investing in the office, hotel and residential asset classes.
In addition to our current asset management, change of use, value add and development initiatives across the London and New York portfolios, current activity is focused on investment into the residential sector in Manhattan and Brooklyn and the strategic growth of our UK hotel platform, The Resident.
As well as direct investments, the platform also invests in operating businesses where a large part of the aggregate Enterprise Value of the company is made up by real estate.
Operational business investments include ventures in the beverage alcohol world, notably a new multiple award winning Irish single malt whiskey and the construction of one the most significant new rum distilleries in the Caribbean. We have highly experienced and best in class teams in place for both, off the back of the success of the Bruichladdich Distillery project in Islay, Scotland.