Delancey

What Delancey does

Delancey is a UK-based real estate asset management and advisory company founded in 1995, investing on behalf of global institutions including pension funds, endowments, and family offices. The firm manages £5.9bn in client assets and has advised on £21bn of transactions since inception, spanning residential, commercial office, and mixed-use regeneration schemes across the UK property market. Its operating model integrates three revenue engines: (i) recurring asset management and advisory fees on £5.9bn AUM (including JV partners' share), (ii) real estate credit origination through wholly-owned vehicles DCIF 1 and AlbionArc Capital plus the Cynergy Bank programmatic JV targeting £1.5bn of property-related debt, and (iii) direct development returns across an Olympic legacy-anchored portfolio that includes East Village (3,824 homes, 67 acres, managed via Get Living), Here East (350,000 sq ft innovation campus), Royal Mint Court, Elephant & Castle, 240 Regent Street, the recently approved £10bn Earls Court scheme, and the York Way science development.

Core products are wholly-owned credit vehicles (DCIF 1, AlbionArc Capital) and the Cynergy JV alongside the Aware Super DARE partnership (up to £1bn). Platform businesses include Plexal (innovation/coworking, founded 2017, 100+ staff across London, Cheltenham, Manchester) and Get Living (build-to-rent management at scale). Notable technical and sustainability content includes the UK's first rising factory construction at Victory Plaza, BREEAM Outstanding/Excellent targeting at multiple sites, Modern Methods of Construction deployment, whole life-cycle carbon strategies, and FCA authorisation (SFDR Article 6 compliant). Distribution is direct institutional sales only with no retail channel; the go-to-market relies on three decades of pension fund, endowment, and family office relationships. Jamie Ritblat is Chairman.

Name

Delancey

Legal name

Delancey Real Estate Asset Management Limited

Website

https://delancey.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

Delancey is a UK real estate asset management and advisory firm managing £5.9bn for pension funds, endowments, and family offices, operating integrated investment, credit, and development platforms including East Village, Here East, and AlbionArc Capital.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Real Estate Agents & Managers (For Others) (6531), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industry

Loan Servicing & Special Servicing (Delinquency Management) (FSAKAJAG)

Keywords

• Real estate investment
• Asset management
• Property development
• Real estate credit
• Institutional advisory

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Asset Management Fees: Delancey manages real estate assets and portfolios on behalf of global institutional investors (pension funds, endowments, family offices), earning management fees for advisory and asset management services. Assets under management stand at £5.9bn.
2. Real Estate Credit Lending: Through platforms like DCIF and AlbionArc Capital, Delancey provides whole loans, mezzanine financing, and transitional bridge loans to real estate sponsors, generating interest income and origination fees. Loan sizes range from £10m to £235m.
3. Development Returns: Delancey generates returns through direct property development, including residential build-to-rent (East Village with 3,824 homes), commercial office projects, and mixed-use regeneration schemes. Transactions completed total £21bn.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Delancey is a UK-based real estate asset management and advisory company that invests in real estate investments, developments, and related businesses on behalf of global institutions including pension funds, endowments, and family offices. The firm manages £5.9bn in assets under management and has completed £21bn in transactions since 1995, operating across investment management, property development, and real estate credit lending strategies.

Product overview

Delancey is a UK-based real estate asset management and advisory company operating a platform of investment products and platform businesses. The core products include DCIF 1 (real estate private credit fund) and AlbionArc Capital (real estate credit strategy for transitional financing), which work alongside strategic partnerships with Cynergy Bank (debt JV) and Aware Super (UK real estate investment). Platform businesses include Here East innovation campus and Plexal innovation company, along with residential developments East Village and Get Living build-to-rent neighbourhoods.

Differentiator

Problem solved

Functional benefit

Brands

• Plexal: Innovation company and coworking space that supercharges collaboration, operating across London, Cheltenham, and Manchester. Works with government departments and global technology firms on innovation programmes and consultancy.
• DARE (Delancey Aware Real Estate)
• DCIF 1
• AlbionArc Capital
• Get Living

Products and services

• DCIF 1 Delancey's real estate private credit strategy that facilitates flexible whole and mezzanine loans targeting strong income yields from attractive attachment points in the capital structure. Designed for institutional investors seeking exposure to UK real estate credit opportunities.
• AlbionArc Capital Specialist real estate credit strategy focused on transitional and bridge financing across all major UK real estate sectors, providing short-to-medium-term whole loans from £10 million, typically structured on 12 to 36-month terms, supporting acquisitions, refinancings and asset repositioning strategies.
• Real Estate Asset Management Services Core investment management and advisory services managing £5.9bn in assets under management on behalf of global institutional clients including pension funds, endowments, and family offices seeking UK real estate exposure.
• Get Living (Build-to-Rent Operations) In-house residential letting and management business operating large-scale build-to-rent neighbourhoods, managing 3,918 private rental and student homes across multiple UK locations including East Village, Manchester, Birmingham, Maidenhead, Lewisham, Leeds, and Glasgow.
• Here East Innovation Campus Innovation campus at Queen Elizabeth Olympic Park, home to global tech companies, start-ups, academic institutions and creative businesses. A 350,000 sq ft innovation centre and office building with a 1,000-seat auditorium and 650,000 sq ft education space.
• Plexal Innovation Services Innovation and growth company operating co-working spaces and delivering innovation programmes for government departments and global technology firms. Operates across London, Cheltenham, and Manchester.

Quantifiable outcome

• £5.9bn assets under management for institutional clients
• +6 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered core and minor.

• DARE PlatformcoreStrategic or Co-development PartnerDelancey-Aware Super Real Estate (DARE) platform for deploying capital into UK real assets. Focuses on stabilised assets, development projects, and recapitalisation of existing capital structures.
• London Legacy Development Corporation (LLDC)coreStrategic or Co-development PartnerPublic procurement process to acquire the former Olympic Broadcast and Press Centres for transformation into Here East innovation campus.
• ZCSminorOthersBorrower on £15.7m acquisition facility for 2 Hosier Lane, Farringdon.
• MacecoreImplementation/ SI/ Consulting PartnerMain contractor for East Village developments including Victory Plaza and Portland Place twin towers, utilizing innovative construction methods.
• Kohn Pedersen Fox (KPF)coreStrategic or Co-development PartnerArchitectural firm for 176-178 York Way science and technology development in London's Knowledge Quarter.
• Department for Science, Innovation and TechnologycoreOthersGovernment department partnered with Plexal for innovation programs.
• National Cyber Security CentrecoreStrategic or Co-development PartnerPlexal is the innovation partner for NCSC, having helped 72 cyber startups raise over £200m in investment.
• HMGCCminorOthersGovernment department partnered with Plexal for innovation initiatives.
• Amazon Web ServicescoreStrategic or Co-development PartnerTechnology partner working with Plexal on innovation programs.
• Airbus Defence and SpacecoreStrategic or Co-development PartnerPartner with Plexal on innovation and growth initiatives.
• Google CloudcoreStrategic or Co-development PartnerTechnology partner with Plexal on innovation programs.
• Transport for LondoncoreStrategic or Co-development PartnerPartner with Plexal on innovation initiatives.
• East End Community FoundationminorOthersCommunity organization supported by Here East.
• National Portrait GalleryminorOthersSupported organization with Schools and Hospitals Programmes.
• BADU SportsminorOthersCommunity organization supported with space and resources at Plexal.
• Disability Rights UKminorOthersPartner with Plexal hosting events for Get Yourself Active programme.

Scale indicators12 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• British Land: Major UK REIT with significant London office and mixed-use development exposure and institutional capital relationships. Comparable to Delancey's office-led London portfolio and development-led approach, though broader and publicly listed.
• Landsec: Large UK REIT focused on London offices, retail, and major mixed-use developments including mixed-use regeneration. Comparable as a London-centric institutional real estate investor and developer with large-scale project pipeline.
• Derwent London: London-focused REIT specialising in design-led office refurbishment and redevelopment. Closely comparable to Delancey's Central London office strategy, including the Lazard-anchored 20 Manchester Square and Earls Court development.
• Great Portland Estates: Central London REIT focused on office-led development and repositioning. Comparable to Delancey's Central London super-prime office acquisitions and mixed-use development approach.
• Kennedy Wilson: Global real estate investment and asset management firm with significant UK and European exposure. Comparable to Delancey in combining investment management, credit, and development across multiple UK and European real estate strategies.

Direct peers

• Helical: UK-focused real estate investment and development company with a Central London tilt. Closely comparable to Delancey as a private-style UK developer-investor pursuing office repositioning and development-led returns.
• Brockton Capital: London-based private real estate investment firm investing across opportunistic, value-add, and development strategies on behalf of institutional investors. Highly comparable to Delancey's institutional asset management and development model.
• Tristan Capital Partners: European real estate investment manager running value-add and opportunistic funds for institutional capital. Comparable to Delancey as a fund-led platform raising programmatic capital from pension funds and similar LPs for real estate strategies.
• Patron Capital: Pan-European real estate investor focused on opportunistic and special situations strategies. Comparable to Delancey's opportunistic UK development and credit approach, including restructuring and transitional financing.
• Clearbell Capital: UK-focused real estate investment manager raising institutional capital across strategies including build-to-rent and development. Comparable to Delancey's institutional fundraising, BTR operation, and UK-focused development platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@DelanceyRealEstate
• LinkedInlinkedin.com/company/delancey
• Facebookfacebook.com/TheDelancey

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Delancey