Royal London Asset Management (RLAM), the fund management arm of the UK’s largest pensions and investment mutual, has entered the single-family housing market via the RLAM Living Fund with the forward-funding of a 284-home living scheme on Riverpark Road in Manchester.
The acquisition is a significant milestone in the fund’s build-to-rent strategy, growing its portfolio to nearly 1,250 units.
In partnership with North West housebuilder, Kellen Homes, the forward-fund will deliver 111 single-family homes and 173 low-rise apar… 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…