IREI x Newcore Capital – For the social good: How the broadening definition of infrastructure is providing what cities and regions need to prosper

Newcore Capital x IREI – 01 February 2024

‘Traditional’ infrastructure (public or private markets operating equity) investors have previously dominated the headlines investing in social infrastructure service businesses. However, specialist real estate capital managers – coming from the asset end of the risk spectrum – find opportunity too, perhaps increasingly interesting when the operational services are being squeezed by an increasing cost of living and capital.

“Social infrastructure”, such as children’s nurseries, waste management facilities and hospitals have come to the fore in the investment community in more recent years as well as other less prominent social infrastructure sectors such as cemeteries and fish farms.

“Trends in social infrastructure investment will adapt to wider socioeconomic shifts seen globally”. “Widening health inequality, societal ageing, the climate emergency and geopolitical instability are coalescing to necessitate investment into sectors that seek to offer remedies, if not solutions, to these shifts.”

Hugo Llewelyn, CEO, Newcore

The following article explores the widening definition of infrastructure in the investment world and highlights some interesting property segments which are becoming more prominent in the world of infrastructure investing. Newcore Capital has been investing in this space since inception in 2011 and our CEO, Hugo Llewelyn shares his thoughts in the latest i3 magazine.

Download the full article here.

“Assets that serve end-of-life uses, such as funeral homes and mortuaries, are capturing our attention because of the resilience of their use cases; they cannot be done online, so necessitate the use of physical space”. Hugo Llewelyn