LGIM Real Assets (L&G) has appointed a sixth member to its dedicated inhouse build-to-rent (BTR) team in the UK as part of its plans to build high volumes of homes for renting which are suited to long-term institutional money.
The appointment of Katie Davis Maxwell from Countrywide as senior asset manager completes the initial formation of a core team with combined expertise in land buying, financial modeling, development management and asset management. The team will also draw on LGIM Real Assets’ wider business with 150 real estate and infrastructure professionals in the UK.
L&G already has over 900 BTR homes in planning or under construction. Further sites are currently being actively targeted to support the growth of this important UK wide platform.
Davis Maxwell previously managed the assets of the Vista PRS Fund, a dedicated residential property fund by Countrywide and Hermes. Prior to this she worked for Akelius Residential as asset manager of its residential portfolio.
She will report to Dan Batterton, the head of the BTR team.
