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CapitaLand to plough £2.5bn into UK BTR, hotels & serviced apartments

By 2018-04-26T23:00:00

Housebuilding

Source: Shutterstock/Uncas Photo

Singaporean real estate giant CapitaLand is looking to make its UK build-to-rent (BTR) debut and splash out up to £2.5bn on UK assets in the next five years, Property Week understands.

CapitaLand has spoken to several agents about investing in UK residential assets and sources say the group is considering multiple options including the acquisition of a BTR platform and forming development partnerships.

The group, whose core markets are China and Singapore, is believed to have sold some investments in China, freeing up capital to invest in Europe.

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