A single-family UK build-to-rent platform owned by Apache Capital has bought a site in Central Bedfordshire for a £215m (€250.3m) development.
Present Made, Apache Capital’s £1.6bn housing platform has invested bought the 68-hectare site situated at Thickthorn Farm in the Oxford-Cambridge Arc from Valorem Investment Partners for the Mill View development.
Richard Jackson, co-founder of Apache Capital and CEO at Present Made said: “There is currently no purpose-built family rental housing in the UK despite couples with children being one of the fastest-growing segments of the renting population.
“Present Made of Mill View will not only offer a new type of high-quality sustainable housing that is both flexible yet secure in tenure while still being attainable to people on ordinary incomes.”
Present Made of Mill View is the company’s second site in the Oxford-Cambridge Arc.
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