Two JVs Will Invest £1.5B In UK BTR

Two joint ventures have been set up that will see £1.5B invested in the UK build-to-rent sector, with both partnerships having secured their first schemes.

Developer Moda Living and U.S. private equity firm KKR launched a new rental platform with an initial 5,000 homes across Leeds, Liverpool, London, Cardiff, Manchester, Birmingham and the Midlands. The projects could have an end value of £1B.