Apache Capital Partners is launching Present Made, billed as the UK's first purpose-built and designed single-family rental housing business, with a 拢1.6bn development pipeline.
The plans is that Present Made will deliver over 3,000 鈥榮mart鈥� homes using 鈥榤odern methods of construction鈥� as part of its first phase, with a focus on suburban locations across southern England. Present Made will then own and operate these homes for the long-term, taking the rental income.
The first three Present Made development sites are within the Oxford-Cambridge arc.
Present Made is Apache Capital's second UK build-to-rent (BTR) platform after its 拢2bn multi-family (i.e. apartment blocks) joint venture with developer-operator Moda Living, which is delivering more than 6,000 apartments for rent in UK cities.
Richard Jackson, managing director and co-founder of Apache Capital and chief executive of Present Made, said: 鈥淒espite record numbers of families renting, no purpose-built single-family rental housing exists in the UK. Present Made will cater to this growing but under-served segment of the rental market by providing high quality smart homes designed and built specifically for rent, delivered through precision engineering and operated by our own dedicated in-house team.
鈥淭丑别 designs, amenities and services provided at Present Made communities are all intended to help promote mental and physical health and wellbeing, where living sustainably is second nature.鈥�
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