Feldberg chooses Duckworth for brown-to-green fund
Feldberg Capital has appointed Luke Duckworth as a director and fund manager for Cora, its pioneering £500m brown-to-green workplace fund targeting refurbishment opportunities in London’s West End.
Based in London, Duckworth will manage Cora’s assets and investor relations and support ongoing capital raising.
He has more than a decade’s experience in the real estate industry and joins from Nuveen Real Estate, where he was assistant manager of a €2bn fund that invested in diversified opportunities in European cities across 15 markets.
He oversaw asset management initiatives, transactions, and led the fund’s ESG strategies.
Feldberg launched Cora in October 2023 to invest in energy-inefficient ‘brown’ offices and use its ESG capability to retrofit and reposition these assets as modern, green workplaces. The fund targets assets in central London’s growth locations underpinned by excellent connectivity and amenities, such as Covent Garden, Soho, Fitzrovia and Bloomsbury.
“Luke’s experience will accompany that of our existing colleagues,” said David Turner, managing partner at Feldberg. “We launched the fund in response to growing dislocation between healthy, tech-enabled, green workplace assets where tenant demand is exceptionally strong, and older, less energy-efficient offices that are at risk of asset stranding.”