Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has strengthened its care home fund management team with the appointment of Michael Toft as Senior Fund Manager.
Michael will be taking a senior role in the care home team and will be responsible for the day-to-day management of the team. Michael has over 20 years of real estate experience and joins from Lothbury Investment Management, where he spent over a decade as an Executive Director and Senior Fund Manager, managing institutional real estate funds, implementing a growth strategy and expanding the flagship fund by more than threefold.
Octopus Real Estate’s market-leading care homes team currently manages a portfolio of 77 modern, purpose-built homes, including 13 properties under construction, with a market value of more than £900 million.
Michael is a member of The Association of Real Estate Funds’ (AREF) ESG and Impact Investing Committee, bringing valuable experience to Octopus’ care home team as they continue to consider their investments through an impact lens.
Benjamin Davis, CEO at Octopus Real Estate, said:
“I am pleased to welcome Michael to the team. Having firmly established ourselves as a market leader in healthcare real estate, Michael’s wealth of experience will enable us to continue growing our portfolio of vital high-quality care homes and create opportunities for investors and operators in a market that remains significantly undersupplied.”
Michael Toft, Senior Fund Manager, Octopus Real Estate, commented:
“I’m incredibly excited to be joining Octopus Real Estate and more specifically the growing care home team, which I consider to be a dynamic sector leader. I look forward to working with such talented specialists and helping to expand its portfolio of purpose-built care homes – all while maintaining a strong return record for investors and having a positive, measurable impact on society”.
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For journalists in their professional capacity only. Personal opinions may change and should not be seen as advice or a recommendation. Octopus Real Estate is the trading name of Octopus Investments Ltd (Reg No 03942880), Bridgeco Ltd (Reg No 6629989), Fern Trading Group Ltd (Reg No 6447318), Nino Ltd (Reg No 9015082), Octopus Healthcare Development Ltd (Reg No 03788979), ORE Lending Ltd (Reg No 12908588) and Octopus Co-Lend Ltd (Reg No 8913299), all registered in England & Wales at: 33 Holborn, London, EC1N 2HT, and Octopus Real Estate S.ar.l. (Reg No B189290) registered in Luxembourg at: 412F, Route d’Esch, Grand Duchy of Luxembourg, 2086, Luxembourg. Octopus Investments Ltd and Octopus Co-Lend Ltd are authorised and regulated by the Financial Conduct Authority. Issued by Octopus Real Estate. Issued May 2021.