UK: Wise Living has announced has been appointed by PGIM Real Estate to manage and let a 918-home SFR portfolio in the north-west of England.
Recent changes to permitted development rights are welcome, but with the housing crisis worsening, the flexibility of the new Class MA should be extended further, says James Doherty of Boyer.
UK: The Association for Rental Living (ARL) – formerly UKAA – has named the members of a committee to lead its work in representing institutionally-backed single family housing.
UK: Packaged Living and Aviva Investors have completed a deal to forward-fund the delivery of 121 new homes in Ebbsfleet, Kent with a GDV of £50 million.
UK: Legal & General SBTR has acquired 41 SFR homes in Wintringham, St Neots, from housebuilder Stonebond.
US: ARK Homes For Rent has acquired two new BTR communities in Florida, Oak Haven and Ormond Grande.
UK: Hines has acquired Blu South, a BTR community in Pineville, North Carolina, its first US acquisition in the sector.
UK: Legal & General’s SBTR platform has signed a deal with housebuilder Chartway to deliver new homes in St Leonard’s, East Sussex.
UK: International Hospitality Media (IHM), a leading publisher and event organiser in the hospitality and real estate sectors, has announced major expansion and improvement to its flagship Urban Living Festival.
ULN editor George Sell reports from MIPIM in Cannes, where the living sector has reached the top of the real estate agenda.
