Alchemy RE enter PBSA market with 805-bed Brent Cross scheme
Alchemy RE is a new company entering the PBSA market. It has been launched by Matthew Pullen (former CEO of Apo Group) and Nic Simpkin (former CFO of Berkeley Group) as an innovative new operating partner to real estate investors looking to grow their presence in the living sectors.
Alchemy RE is being seeded with the £1bn development pipeline of Astir Living, the London-based developer founded by Nic in 2018.
Its first project will be an 850-bedroom PBSA scheme at Brent Cross, followed by a mix of other living sectors assets with a particular focus on co-living …