Size of fund: approx. £450m
Strategy: Forward fund/buy existing, lease and hold
JV partners: Universities Superannuation Scheme, Places for People
- Launched in May 2018 as a joint venture between Universities Superannuation Scheme (“USS”) and Places for People.
- Flagship UK suburban build-to-rent/single family housing strategy, investing in high-quality new or modern single-family homes for rent.
- Regionally diversified, with 85% of homes located outside of London and the South-East.
- Focused on minimising risk whilst delivering a stable income and capital value return to its investors from day one.
- Current portfolio of over 1,750 single family homes and apartments, of which approximately 10% are currently under development.
- Portfolio is managed by Touchstone Property Managers, powered by Places for People.
Find out more about Picture Living
Contact Us