Residential fund invests £25m into modular homes for rent
The Urban Splash Residential Fund (USR) has announced a £25.8m deal acquiring sustainable new homes created using Modern Methods of Construction (MMC), to add to its growing rental portfolio.
The Manchester-based fund has also signed a Memorandum of Understanding (MoU) with House by Urban Splash meaning it has first look over a pipeline of £800m homes currently being created by the modern housebuilder.
Among the new properties acquired are £11.6m of houses and apartments at New Islington – a £300m redevelopment project bei... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
