Greystar is funding in a high-end rented residential development in London.

The residential investor, best known as a multifamily landlord in the US, has bought two plots of land in Nine Elms from UK postal delivery service, Royal Mail.

Greystar said Telford Homes will build the development, which will include 894 apartments.

Mark Allnutt, managing director multifamily, Greystar said: “This will be without question central London’s most exciting rental community.

“There’s nothing comparable in the UK in terms of scale and resident amenity.”

Allnutt said London is “finally ready for a five-star rental experience”.

Residents’ lounges, clubrooms and games rooms, as well as bars and restaurants, will form part of the scheme.

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