CBRE Investment Management (CBRE IM) has launched a new UK single-family housing (SFH) fund in partnership with Moda Living.
The open-ended CBRE UK Single Family Housing Partners fund is backed by an initial £400m of capital and central to the strategy is an exclusive partnership with Moda, which will co-invest in the platform.
The strategy has an ambition to grow to £2bn in value over time, supported by both Moda’s proprietary land pipeline and selective acquisitions from third-party housebuilders.
Andrew Davey, head of UK residential strategies at CBRE Investment Management, said: “Single-family housing represents a compelling long‑term opportunity, supported by strong demand fundamentals and a chronic undersupply of high‑quality rental homes. CBRE UK Single Family Housing Partners is the result of significant engagement with our investment partners. It combines our institutional investment and asset management expertise with Moda Living’s established development and operational platform to deliver high quality, professionally managed homes at scale. We believe our approach will deliver a truly differentiated approach for both our investors and residents.”
Johnny Caddick, CEO of Moda Living, added: “This partnership marks an important step in scaling the delivery of institutional-grade single family housing across the UK. By investing alongside CBRE IM and aligning with patient, core capital, we can take a long-term approach to delivery, bringing forward a significant pipeline of well-designed homes at scale into an underserved market with proven fundamentals. This will allow us to maintain a focus on quality and consistency, creating places designed for long-term living while supporting stable, sustainable performance for investors.”
