Barratt London has sold a build‑to‑rent (BTR) asset at Eastman Village, Harrow, to pan-European real estate private equity investment firm LRC for an undisclosed price.
The asset comprises two unbroken residential blocks providing 140 homes within Barratt London’s established Eastman Village masterplan.
Eastman Village will ultimately deliver around 2,200 homes across a circa 30-acre site, in addition to new retail, education and leisure amenities.
Paul Muldowney, managing director of Barratt London, said: “Investment from LRC into Eastman Village underlines demand for well-connected homes in the capital. Eastman Village exemplifies Barratt London’s commitment to delivering high quality homes in London at scale, transforming the historic Kodak factory into a new community in the heart of Harrow.”
Andrew Saunderson, head of living capital markets at CBRE UK, which advised Barratt London on the deal, added: “This transaction underlines the strength of demand for high quality, income‑ready residential assets. Against a backdrop of structural undersupply and resilient rental demand, investors will continue to be attracted to assets that offer speed to income and operational certainty. We are pleased to have worked with Shane Kanabar of Barratt London and Mital Patel of LRC, to deliver this transaction.”
