BGO’s direct secondaries and co-investment business has recapitalised Greykite’s UK single-family rental platform.
BGO Strategic Capital Partners (BGO SCP) entered into the co-investment alongside Greykite European Real Estate Fund I to support Uniqhomes, a portfolio of over 1,000 purpose-built rental homes across 26 sites.
Greykite retains majority ownership of the platform alongside asset manager Alvesta Investment Management.
Michael Abel, founder, CEO and CIO of Greykite, said: “We are excited to have partnered with BGO SCP to drive the next phase of Uniqhomes’ progress.
“This partnership is consistent with our strategic focus on building market-leading platforms in thematic sectors, and is a reflection of our collective conviction in the opportunity ahead as we continue executing Uniqhomes’ growth strategy.”
Dan Valenzano, senior partner of Greykite and chairman of Uniqhomes, said: “Since inception in 2024, Uniqhomes has grown into one of the UK’s largest single-family rental platforms.
“The combination of robust demand for professionally managed single-family rental accommodation continues to outstrip new supply, and we look forward to further expanding and enhancing the platform with our partners at BGO SCP and Alvesta.”
Cherine Aboulzelof, managing partner and co-head of BGO SCP, said: “Uniqhomes is a scaled, high-quality UK single-family rental platform with strong in-place rental performance and high occupancy, in a structurally undersupplied market.
“We are delighted to partner with Greykite, who have led the sourcing and aggregation of the portfolio, and we look forward to supporting the next phase of the platform’s growth together.”
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