PRS & BTR
Sigma reaps benefits of PRS REIT growth
Sigma Capital, the investment manager for family housing group PRS REIT, has posted a 315% rise in pre-tax profit off the back of a 168% rise in revenue for the six months to the end of June.
Jopling set for £175m affordable PRS float
Former Grainger director Nick Jopling is set to chair The Multifamily Housing REIT, which has announced plans to raise £175m.
Screen joins Cortland Partners' new UK arm
Andrew Screen has joined US multifamily giant Cortland Partners as it begins its £4bn push into build-to-rent (BTR) in the UK.
Palmer Capital aims to break mould with new BTR venture
Packaged Living will act as investor, developer and manager and will target 1,500 units over next three years.
Cording adds to PRS focus with Waggott hire for fund
Investor Cording Real Estate Group has appointed Landsec’s Paul Waggott as fund financial controller for its UK private rented sector (PRS) team following the launch of its new £400m UK residential fund.
Investment in UK PRS soars to £907m in Q2
CBRE predicts record-breaking year for market as investors pile into sector.
AXA and Kennedy Wilson make €161m Irish PRS deal
AXA Investment Managers - Real Assets and Kennedy Wilson have acquired 274 flats and a four acre development site at The Grange in Dublin for €161m (£142m) on behalf of their newly formed Irish PRS joint venture.
Telford appoints Savills to find funding partner for BTR pipeline
Housebuilder Telford Homes has announced it has appointed Savills as it is “determined to find the right investor” to fund its growing build to rent business.
Moda and Apache to develop Brighton & Hove's biggest BTR scheme
Moda and Apache Capital have unveiled plans to develop a £220m build-to-rent village in Hove.
