Starlight Investments, a global real estate investment and asset management firm, has exchanged on an acquisition to purchase 84 Kirkstall Road, a 111-suite Build-to-Rent (BTR) community in Leeds.
The nine-storey newly built residence features a range of suite layouts, including one-bedroom, two-bedroom and three-bedroom suites with many featuring balconies as well as larger terraces on the top floor.
The property contains amenities including a co-working space, media room and a dedicated resident lounge. The building’s design also incorporates renewable energy systems and high-efficiency lighting.
“This new residence is a strategic addition to our UK portfolio and further complements our previously announced BTR acquisitions in Manchester, Liverpool and Ashford and will increase our overall portfolio in the UK to 1,038 suites with an additional 1,200 suites in our active pipeline,” said Daniel Drimmer, Founder and Chief Executive Officer, Starlight Investments.
“We are pleased to establish Starlight’s presence in Leeds, a dynamic city that is among the fastest growing in the UK, to support the introduction of new rental housing to meet increasing demand.”
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