Welcome to this week’s BtR News Flash.
Where we provide you with a summary of all the latest updates from this weeks movements in the BtR industry.
April 21, 2023
Work Underway on £50M Residential Project
McGoff Construction has started work on a 237-home residential scheme in Manchester. The project is scheduled to take approximately 145 weeks to complete.
READ FULL UPDATE HERE
April 23, 2023
Developers Reveal Plans for Major Leicester Mixed-use Scheme
Nottingham-based Hylyfe has acquired it second site luxury apartment scheme – this time in Leicester.
READ FULL UPDATE HERE
April 24, 2023
Development Partner Appointed to Sunderland Regeneration Schemes
The preferred development partner for the construction of 220 homes in Sunderland, forming part of the regeneration of the city, has been unveiled.
READ FULL UPDATE HERE
How Build-To-Rent Providers Can Capture the Attention of Savvy Renters in a Demanding Market
Rental demand has been higher then ever in the last few years, however, this increase doesn’t necessarily mean that all landlords are set to capitalise, as savvy renters look for more added value, according to Vicky Hurcomb, Marketing Director at Sigma Capital, leading provider of single family build-to-rent housing.
READ FULL UPDATE HERE
April 26, 2023
£5.7M Investment Key to Major Highcross Development
A £5.7m investment from Housing Growth Partnership (HGP) is key to bringing forward a major regeneration project in the Highcross area of Leicester, TheBusinessDesk.com has learnt.
READ FULL UPDATE HERE
BtR Operator ila Launches With 4,000 Home Pipeline
A bespoke Build to Rent operator – ila (I Live Around) – launches in the UK Build to Rent market and is set to embark on an ambitious journey to deliver 4,000 Build to Rent homes across the UK over the next four years. ila aims to enhance the market with people-first neighbourhoods that draw inspiration from UK culture and heritage.
READ FULL UPDATE HERE
Affordable Homes Completed at Get Living’s East Village
Build to Rent operator Get Living has reached practical completion of 48 new affordable homes – a mix of two- to three-bedrooms each with a balcony – at its East Village neighbourhood in Stratford, East London. Cast Consultancy was appointed as the Project Manager.
READ FULL UPDATE HERE
April 27, 2023
Green Light for Tallest Tower in Birmingham
The £360m Curzon Wharf scheme will include a residential build to rent apartment block which will stand 53 storeys high, making it Birmingham’s tallest building at 172 metres (564 feet).
READ FULL UPDATE HERE
Vistry Abandons £275M Ealing Scheme Over Second Staircase
The partners blamed soaring costs and the new second staircase rule for the decision to abandon the Perceval House project.
READ FULL UPDATE HERE
BtR Apartment Scheme Proposed for Sheffield Site
Plans have been lodged for a development of more than 230 build-to-rent (BTR) apartments on a site in Sheffield city centre.
READ FULL UPDATE HERE
Revolving Credit Facility Finances Legal & General’s Suburban BtR
Backed by HSBC UK, Barclays and Natwest, Legal & General’s suburban Build to Rent business announces that it has signed a £150m five-year Revolving Credit Facility to finance its pipeline of 1,000 suburban Build to Rent homes. The facility will help address the demand for quality rental housing across the UK.
READ FULL UPDATE HERE
Dentons Advised Harrison Street on Moda BtR Scheme JV
Law firm Dentons has advised investment manager Harrison Street on its joint venture with NFU Mutual and Apache Capital, for the acquisition and funding of Moda Living’s £302m Birmingham-based Great Charles Street Build to Rent development. This is the sixth deal Dentons and Harrison Street have done together.
READ FULL UPDATE HERE
The Deverellsmith Group Acquires Daisy Chain
Daisy Chain, an online platform where professionals can connect, has been acquired by The deverellsmith group, as the platform provides a cost-effective technological solution to the UK employment market.
READ FULL UPDATE HERE
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