Ascend has secured a new mandate from Aberdeen Investments to manage a new single-family rental (SFR) homes scheme in Cambridge.
The instruction covers 139 new SFR homes and apartments at Springstead Village in east Cambridge, which will be operated by Ascend under the firm’s resident-facing Ascend Living brand.
Aberdeen, on behalf of its client, acquired the homes from housebuilder Bellway in February 2026. The agreement is Ascend’s first instruction to operate residential properties on behalf of Aberdeen-managed investments.
Haseeb Hassan, lead senior asset manager – living at Aberdeen Investments, said: “Springstead Village reflects our commitment to providing high quality rental homes and creating long-term value. Appointing the right operating partner is integral to that approach. We look forward to working with Ascend to create a welcoming place to live, with a strong focus on service and the resident experience as the homes are handed over and occupied.”
Lee Hill, commercial director at Ascend, added: “Aberdeen is building an impressive SFR platform, and we are hugely excited to be working with them in Cambridge. Its choice of Ascend reflects not only our track record as the largest third-party operator in the sector, but also our market-leading technological and operational capabilities, and we look forward to both the success of Springstead Village and further collaboration in the future.”
