The Association of Residential Letting Agents has signed up its first institutional member from the Build To Rent sector.
Get Living London is one of the capital’s first BTR companies as the sector establishes itself. It is backed by Qatari Diar Real Estate Investment Company, the investment fund DV4, and the Dutch pension fund asset manager APG.
Get Living London lets and manages more than 1,400 properties at East Village, the former London 2012 Athletes’ Village near the Queen Elizabeth Olympic Park. There are over 1,000 new rental homes under construction within further phases of East Village and the first phase of the Elephant and Castle Town Centre redevelopment, London SE1, also to be let and managed by Get Living London.
“The Build To Rent sector is widely seen by the industry and government to be one of the solutions in addressing the UK’s housing supply shortfall. Becoming ARLA licensed has allowed Get Living London to join forces with the wider sector to raise standards and boost consumer confidence in renting” explains David Cox, ARLA’s managing director.
“We were the first to rent at scale from the end of 2013, with 1,439 homes at East Village, and see great value in working together with ARLA to create a good-quality, professionally-managed private rented sector” says Neil Young, Get Living London’s chief executive.