AREA is a unique Alternatives Advisory business, supporting the activities of institutions, asset managers, developers and occupiers predominantly in the BTR, Hospitality, Leisure & Student Accommodation sectors through, investment, developer and operator services.
The business is led by Richard Servidei, formerly Investment Director at JLL, and Matthew Neal, formerly Investment Manager at Get Living, IQ Student and Capital & Counties. The leadership brings together deep knowledge of both the investment and operating side of long income real estate, supported by a team of talented analysts and agents.
Since 2021 AREA have advised on +£1bn of successful transactions. In the last 12 months alone, the team have been retained to advise on £0.45bn of operational real estate transactions. Our Operational Advisory service division are retained to work with our client’s 3rd party property management partners annually to set revenue and operating budgets on over 10,000 living units across the UK and Ireland. AREA’s advisory team achieve an average 9% year-on-year rental growth across retained beds, which is typically 2-3% higher than the proposal our clients initially receive from their property managers.
