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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