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UK: Starlight Investments has acquired a build-to-rent (BTR) development in Maidenhead, Berkshire, from Countryside Properties for an undisclosed sum.
The property forms part of the St Cloud Way regeneration scheme and is located in the town centre on the site of the former Magnet Leisure Centre.
The development, which is under construction by Countryside, a subsidiary of Vistry Group, will deliver 255 rental homes across three buildings ranging from four to 11 storeys. The scheme will comprise a mix of one-, two- and three-bedroom apartments, including townhomes, each with private balconies and access to 191 underground parking spaces.
The first building, which will provide 73 apartments, is expected to be completed in December 2025, with the remaining residential buildings anticipated for completion in Q4 2026.
Amenities will include a fitness centre, coworking areas, resident lounges and a landscaped podium garden.
Jonnie Milich, head of UK residential at Starlight Investments, said: “This acquisition reflects our continued commitment to delivering new high quality rental housing in growing UK markets. Maidenhead’s connectivity, economic strength, and regeneration vision make it an ideal location for long-term investment and community building and is an exciting addition to our commuter belt strategy.”
Daniel King, London divisional chair at Vistry Group, added: “This deal exemplifies our partnership-led approach, working with institutional investors and public sector partners to deliver high-quality rental communities in resilient, well-connected locations. Combining innovative placemaking, extensive amenity provision and future-ready design features, we look forward to working with Starlight Investments and the Royal Borough of Windsor & Maidenhead to realise the full potential of the transformative St Cloud Way regeneration scheme.”
Highlights:
• Starlight Investments has acquired a build-to-rent (BTR) development in Maidenhead, Berkshire, from Countryside Properties for an undisclosed sum
• The development, which is under construction by Countryside, a subsidiary of Vistry Group, will deliver 255 rental homes across three buildings ranging from four to 11 storeys
• Amenities will include a fitness centre, coworking areas, resident lounges and a landscaped podium garden
