Prime advisory and development firm Munzil has been instructed to lead a repositioning programme across a 376-unit UK residential portfolio, working alongside a Qatari counterparty.
London-headquartered Munzil, which operates across the UK, UAE, and Pakistan, has been engaged on a portfolio-wide programme covering 376 residential units to be refurbished, repositioned, and subsequently brought to market across multiple UK locations. The instruction is delivered alongside a Qatari counterparty, whose identity is not being disclosed at this stage at the counterparty’s request.
Under the terms of the instruction, Munzil’s scope is expected to span the full arc of the programme: repositioning strategy, specification and design direction on the refurbishment works, development management of the refurbishment delivery through appointed contractors, pricing, and the sales and investor placement process. Distribution channels for the portfolio are currently under review and have not been finalised.
Hassan Rauf Awan, Founder and CEO of Munzil, commented:
“Programmes of this scale come down to execution across the full value chain — getting the refurbishment right, pricing it properly, and placing it with the right buyer base. Our focus now is delivery.”
The instruction sits within a broader market context in which Gulf-based capital has shown increasing interest in UK residential repositioning opportunities. Market commentary has suggested a growing appetite among GCC private investors for large-format residential stock where refurbishment and repositioning form part of the value creation strategy, though publicly available deal data in this segment remains limited.
Delivery of the refurbishment programme is anticipated to be phased, with further information on scope, timing, and locations to be released in due course.