Build-to-rent outfit Wise Living has teamed up with contractor Lovell to deliver a range of privately rented homes across the UK.

Lovell, the residential arm of Morgan Sindall, will build the homes for Wise Living, a joint venture created last year by property management firm SDL Group and ICG-Longbow, the real estate operation of investment group Intermediate Capital Group.

Wise Living will own the properties, which will be managed by SDL.