Fizzy Living is our market rent business. Click here to visit the Fizzy Living website.
London and the South East needs homes for the “rentysomething” generation – young people who are shut out of the housing market, and either live with their parents, share with friends or commute for hours. Fizzy provides good quality, well managed accommodation in places where people can commute easily. It has a sound business strategy, and uses our expertise to generate profits which we reinvest to help achieve our social aims.
We originally invested £30M to seed fund a significant property portfolio in London and the South East. In 2013, we took on £40M debt financing from Macquarie Capital, who assisted with finding a suitable institutional investor. In 2014, Silver Arrow, an investment entity ultimately owned by the Abu Dhabi Investment Authority (ADIA) made a capital commitment of £200M. This enabled significant growth in the Fizzy business.
Launched in early 2012, Fizzy now has nine sites: Canning Town, Epsom, Poplar, Stepney Green, Lewisham, Finchley, Canning Town, Silvertown Way and Hayes. Fizzy will continue to purchase new buildings from developers, as well as undertaking the development of its own apartment buildings.
If you want to find out more about existing Fizzy developments, please visit the Fizzy website.
Featured development: Fizzy Hayes
Hayes is one of London’s most historic neighbourhoods – but also among its most vibrant. The town has a long history with the British music scene, an association best embodied by the Old Vinyl Factory – a set of buildings dating back to 1907, formerly owned by global music company EMI. Once the place where the Beatles, the Rolling Stones and Pink Floyd had their vinyl records produced, it’s now the setting for Fizzy Hayes.
Connectivity is excellent, with Hayes & Harlington rail station providing quick access into Central London, while only 10 minutes away from Heathrow Airport.
This combination of diversity and quality infrastructure has drawn a host of world-renowned companies to move in to the neighbourhood – from major tech firms to innovative media ventures.
To find out more about Fizzy Hayes and Fizzy Living, visit fizzyliving.com