SDL Bigwood lands part of £100m rental deal
SDL Bigwood PRS & Estate Management has won a major contract with Sigma Capital Group , one of the UK’s biggest providers of private rental sector housing.
Sigma Capital Group has selected Chilwell headquartered SDL Bigwood as its exclusive letting and property management partner for its recently announced PRS Fund which is looking to build 1,000 properties rental units across England over the next 18 months.
The contract comes on the back of SDL Bigwood’s management of the DifRent portfolio, a Sigma Capital and Gatehouse Bank fund, which has already seen over 600 units let and continues to deliver 60 units each month.
Construction on the first Sigma sites is already underway and SDL Bigwood will be handling the letting and management of units from August 2016.
Paul Staley, PRS director at the SDL Group, said: “I am delighted that Sigma has acknowledged our success working alongside them on behalf of Gatehouse bank by awarding this major strategic contract to deliver the letting and management of their new £100 million investment.
“Our track record of letting properties off plan, and delivering a professional, ARMA-qualified and customer-focused service to tenants was pivotal in securing this contract, and makes us a market leader in the delivery of PRS developments.
“We are honoured to have been selected to provide the key letting and management services for Sigma’s first investment of their own funds in this area.”
SDL has offices in Birmingham, Stratford-upon-Avon, Loughborough, Southampton, and London, as well as the Group’s headquarters in Chilwell, Nottingham.
