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UK: Zenzic Capital and Jensco Group have formed a joint venture to invest in purpose-built single-family homes (SFR) across the UK.
The JV has been seeded with an initial £31 million forward funding deal with Vistry to support the delivery of 125 homes at the Great Haddon scheme in Peterborough. It aims to build a portfolio of around 1,000 homes, underpinned by a strong focus on tenant service and long-term customer experience.
Nadine Buckland, CEO of Zenzic Capital, said: “This investment reflects our conviction in structurally undersupplied residential markets where institutional capital can support the delivery of high quality, professionally managed homes. The UK single-family housing sector is at an early but compelling stage of evolution, underpinned by long-term demographic trends, affordability pressures and increasing demand for rental housing that meets institutional standards.”
“Our focus is on partnering with experienced operators to build scalable platforms with strong asset quality, disciplined capital deployment and a clear emphasis on the end customer. We see significant opportunity to grow this platform over time and look forward to working closely with Jensco to originate further investments and expand the portfolio in a controlled and selective manner,” she added.
Nigel Bobroff, CEO of Jensco Group, said: “Institutional interest in single-family rental housing continues to grow, reflecting the sector’s strong fundamentals and its ability to provide high quality, professionally managed homes for families seeking long-term stability. This investment supports the delivery of highly sustainable homes in great locations, where demand is deep and supply remains constrained.”
“Working alongside and investing with Zenzic, our focus is on building a long-term, institutional-grade portfolio, partnering with established housebuilders. We are delighted to be working with Vistry to bring forward well-designed homes that meet the needs of modern renters as the sector continues to mature.”
James Warrington, executive chair, North, South Midlands and East Division, at Vistry Group, said: “We’re pleased to be working with Zenzic and Jensco at Great Haddon to bring forward a high quality, sustainably built programme of single‑family rental homes delivered at pace. Forward funding arrangements like this accelerate delivery and provide professionally managed, long‑term homes that meet strong local demand in areas like Peterborough. It’s a great example of how our partnership model helps create thriving places while raising the bar on quality and energy performance.”
The move follows Zenzic’s launch of a £500 million PBSA venture in 2024.
Highlights:
- Zenzic Capital and Jensco Group have formed a joint venture to invest in purpose-built single-family homes (SFR) across the UK
- The JV has been seeded with an initial £31 million forward funding deal with Vistry to support the delivery of 125 homes at the Great Haddon scheme in Peterborough
- It aims to build a portfolio of around 1,000 homes
