London Commuter Belt is targeted by new Build To Rent developer

London Commuter Belt is targeted by new Build To Rent developer


Todays other news


A new player in the Build To Rent sector says it’s targeting locations in the London commuter belt with chronic supply issues – as well as providing big-scale investors with “a resilient asset class poised for growth”.

Star Living is the new BTR arm of developer Strawberry Star Group and its first project is at Harlow in Essex – a block of 163 flats. A second phase nearby will shortly launched with 564 flats. 

“Our vision for Strawberry Star’s Star Living arm is to be the leading income generating, diversified and scalable Build To Rent investment platform through our unique, cost-efficient, build and operational expertise” says the chairman of Strawberry Star, Santhosh Gowda.

“We aim to be one of the largest BTR providers in the commuter belt by 2027. Star Living brings together our existing skillsets as an end-to-end provider combined with a panel of leading contractors and consultants for significant placemaking schemes that benefit each local community.”

 

 

He claims his new BTR arm has a strong pipeline of sites due to launch in the next 12 months, focussing on commuter growth towns with a high proportion of young professionals and a low supply of rental properties.

He adds: “More choice and better supply will be a huge advantage to those now spending increasing time at home with flexible working here to stay, as BTR products are in a much better position to meet future needs and live-work trends.”

For tenants, the first Star Living site in Harlow will provide what the company calls “a single customer journey from reservations to end of tenancy, including digital concierge, maintenance, parcel storage, flexible co-working and multi-purpose room, shared roof terrace, ancillary services such as laundry, dry cleaning, and housekeeping, with pets allowed and flexible contracts on offer.”

Share this article ...

Join the conversation: Login and have your say

Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
London agency snaps up boutique rival, more acquisitions to follow...
Agent warns on realistic rent pricing in prime markets...
Rent hikes still high, but first sign of a weaker...
Move towards to recurring income streams, urges lettings veteran...
A new Renters' Rights Bill is to be introduced into...
New figures published by HMRC show a 7% rise in...
A lettings agency chief says there’s growing discussion about rent...
Recommended for you
Latest Features
Almost half of agents “unable to cope with workload”...
London agency snaps up boutique rival, more acquisitions to follow...
Tenant demand still rising as market stays red-hot...
Sponsored Content
B-hive Block Management Partners Celebrates Major Milestone With Over 100...
We’re absolutely delighted to announce that, after 10 years, we’re...
You don’t have to simply accept things as they are...
0
Would love your thoughts, please comment.x
()
x

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here