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UK: Long Harbour will forward fund the delivery of 111 single-family homes (SFR) in Ditton, Kent.
The units, at Miller Homes‘ Orchard Mill development, comprise one-, two-, three- and four-bedroom homes.
The acquisition was made on behalf of Long Harbour’s latest single-family housing fund (LHSFF), which is currently deploying up to £600 million into SFR assets.
The vehicle has a total target raise of £1.2 billion and is acquiring new homes across the UK, with a focus on the south and south-east of England.
Jack Spearman, managing director of single-family housing at Long Harbour, said: “The latest investment into our single-family housing fund marks another significant step in our expansion across the London commuter belt. Ditton is a desirable residential location with a growing population and these homes will meet the strong demand for high quality homes in a well-connected part of Kent.”
Matthew Bench, group managing director, partnerships, at Miller Homes, added: “We are delighted to partner with Long Harbour to bring forward 111 thoughtfully designed, sustainable family homes to Ditton. This deal underlines Miller Homes’ continued growth in partnerships housing and further establishes us as a trusted delivery partner. Future residents can expect high quality, energy-efficient homes within a vibrant new community and we’re proud to play a key role in supporting much-needed housing for the area.”
Highlights:
• Long Harbour will forward fund the delivery of 111 single-family homes (SFR) in Ditton, Kent
• The units, at Miller Homes’ Orchard Mill development, comprise one-, two-, three- and four-bedroom homes
• The acquisition was made on behalf of Long Harbour’s latest single-family housing fund (LHSFF), which is currently deploying up to £600 million into SFR assets
