New REIT aims to invest £500m in buying homes for rent

investment 2

Moorfield eyes bulk purchases from housebuilders for family rental housing

Investment manager Moorfield has launched a new Real Estate Investment Trust (REIT), aiming to attract £500m of investment to buy homes for rent.

Moorfield is seeking bulk acquisitions of homes from housebuilders in the face of falling demand, to rent out as single family homes or student homes. It is also looking at buying homes from buy-to-let investors who want to exit the market.

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