Westwind Capital and Deva Capital have acquired a newly developed 206-unit build-to-rent scheme in Staines in an off-market deal for an undisclosed price.
Daniel Gorzawski, founding partner and CEO of Westwind Capital, said: “We are excited to add a brand new asset to our collection of high quality properties in Westwind’s London living portfolio. This investment aligns with our strong conviction in the UK residential sector, supported by favourable fundamentals and supportive macroeconomic trends.
“We are thrilled to partner with Deva Capital as investor and are looking to accelerate our London living strategy with additional acquisitions lined up for the second half of the year.”
Hodes Weill Securities acted as financial advisor and placement agent to Westwind and Greenberg Traurig acted as Westwind’s legal counsel. The acquisition was supported by Workman and BDO as advisers.
