Long Harbour has agreed to forward purchase a 370-home Build-to-Rent (“BTR”) development with accompanying amenity space within Beaufort Park, a popular neighbourhood in Colindale, North West London.
Long Harbour has agreed to forward purchase a 370-home Build-to-Rent (“BTR”) development with accompanying amenity space within Beaufort Park, a popular neighbourhood in Colindale, North West London.
This acquisition is part of the Long Harbour Multi-Family Joint Venture 2 (“LHMF 2”) with the Public Sector Pension Investment Board (PSP Investments) and Cadillac Fairview/Ontario Teachers’ Pension Plan (OTPP) which targets best in class Multi-Family schemes of over 150 units in London, the Southeast and selected regional cities. All of LHMF 2’s properties are operated by Way of Life, an award-winning management platform with a strong focus on delivering LHMF 2’s ESG agenda and GRESB targets. As the development becomes operational, Way of Life will launch its “Community Life” programme for residents and the wider local community.
Long Harbour is pleased to partner with St George, part of The Berkeley Group, a specialist in reviving complex brownfield regeneration sites. The company has clearly defined commitments to climate action, nature recovery and strengthening local communities, which closely reflect Long Harbour’s ESG priorities.
You can now read the full press release at the link below