Serviced apartment and BTR plans for Cardiff Bay office scheme
UK: Property developer Rightacres has revealed £25 million plans to transform an empty office scheme in Cardiff Bay into serviced and build to rent (BTR) apartments.
UK: Property developer Rightacres has revealed £25 million plans to transform an empty office scheme in Cardiff Bay into serviced and build to rent (BTR) apartments.
UK: Serviced apartment operator Flying Butler has launched MURA LIVING, its BTR brand, and plans to launch 5,000 units under the brand across the UK over the next five years.
UK: Property investor and developer Strawberry Star has announced the launch of a dedicated BTR arm, Star Living.
UK: BTR operator Way of Life has today launched the first guest suites at The Gessner, a “hospitality-inspired residential offer” in Tottenham Hale, north London.
Japan: Ascott Residence Trust (ART) will invest around JPY 10.4 billion (£70 million) to acquire four rental housing properties and its first student accommodation property in Japan.
UK: Legal & General Retirement Institutional (LGRI) has announced plans to invest £2.5 billion of retirement funds into BTR schemes over the next five years.
UK: NatWest and Leumi UK will provide debt packages to support EQT Exeter and Sigma Capital’s residential joint venture to bring affordable new rental homes to Greater London
UK: Realstar and Lendlease have agreed forward funding for BTR units at Deptford Landings in south-east London.
UK: L&G’s suburban BTR division has acquired a development in Great Haddon, Peterborough from developer Countryside.
UK: Amro Partners, in partnership with Flemyn LLP, has acquired the Croydon Park Hotel in south London for a £200 million GDV BTR development.