Latest acquisition increases Starlight’s UK portfolio to over 3,600 rental suites
, /PRNewswire/ – Starlight Investments (“Starlight”), a leading global real estate investment and asset management firm, has announced the further expansion of its UK portfolio through the acquisition of a 300-suite build-to-rent (“BTR”) community under development in Leeds.
The property, purchased from Leeds-based developer, Torsion Group, is in a prime location on the eastern edge of the city centre within walking distance of popular areas including Kirkgate and other primary leisure offerings and is conveniently located close to public transit.
Currently under construction, the two-tower BTR development will feature 10- and 17-storey residences with a mix of one-, two- and three-bedroom apartments and 63 underground parking spaces. Upon completion, the highly amenitized community will include a state-of-the-art gym, a cinema and two rooftop terraces. The property’s design also incorporates numerous sustainability elements.
Leeds is the third largest city in …