News
Crosslane reveals Edinburgh BTR plans
UK: Crosslane Residential Developments has unveiled proposals for a major BTR development at Ocean Point 2, next to Ocean Terminal in Leith, two miles from Edinburgh city centre.
Urban Living News
Cortland acquires 50-storey BTR tower in Manchester
UK: Cortland, with Madison International Realty as funding partner, has acquired a 50-storey tower BTR property currently under development in Salford, from Renaker. The tower is part of the Greengate Colliers Yard masterplan. Cortland at Colliers Yard will offer 559 one- and two-bedroom apartments with more than 25,000 square feet
Urban Living News
Greystar forms £2.2 billion BTR JV and confirms Fizzy Living acquisition
UK: Greystar has formed a strategic partnership with a wholly owned subsidiary of the Abu Dhabi Investment Authority of up to £2.2 billion to develop BTR housing in London and its surrounding commuter towns. The partnership will develop new assets through ground-up development and is targeting a development pipeline of
Urban Living News
Apache and KKR secure finance for Hove BTR project
UK: A JV of Apache Capital and KKR has secured a £157 million debt facility from BentallGreenOak to fund a Moda Living BTR development in Hove. The development, consisting of 564 homes, is the first investment to be brought forward in Apache Capital and KKR’s strategic partnership. The partnership will
Urban Living News
Cortland and Harrison Street acquire Birmingham BTR project
UK: Multifamily developer and operator Cortland has teamed up with investment manager Harrison Street to develop a 440-unit BTR property in Birmingham. The project, which will be known as Cortland Broad St, was brought to market by Knight Frank and will comprise a 35-storey tower and a low-rise six-storey apartment
Urban Living News
Moda Living and KKR form BTR partnership
UK: Moda Living has partnered with global investment firm KKR to launch a new platform with an initial 5,000 homes. The partners say “the new neighbourhoods will embody Moda’s core principles of creating the optimum rental experience for its members with a core focus on outstanding customer service, community and
Urban Living News
Moda partners with Ares for £1 billion suburban BTR roll out
UK: Moda Living has partnered with investment manager Ares Management Corporation to develop suburban BTR units across the UK. Through direct development with Caddick Construction and partnerships with reputable local developers, the platform will target the delivery of over 5,000 high-quality purpose-built homes to the UK market with a gross
Urban Living News
Barings acquires Manchester BTR scheme
UK: Barings has acquired The Trilogy, a BTR scheme in Manchester, for £53.5 million.
Urban Living News
Lloyds Bank aiming to become UK’s biggest BTR player
UK: Lloyds Banking Group’s new BTR division, Citra Living, has plans to become the biggest BTR landlord in the UK.
