CHICAGO—90 North Real Estate Partners, a London-based, international real estate investment firm, has just expanded into North America by opening a Chicago office and appointing Daniel T. Cooper, a 25-year real estate veteran, to run it. Company officials say they plan to invest $750 million, mostly in the US, during the next 18 to 24 months.
“Our clients want and need real estate in the US,” Nicholas Judd, a founder, partner and head of investment, tells GlobeSt.com. The company has a lot of investors from the Middle East and “they are hunting for yield.” 90 North was started in London in 2011 and has made about $750 million in investments buying office, industrial, senior living, and student housing properties throughout the UK. “Our clients are very keen on the US and UK economies.”