Suburban build to rent business set up to develop 2,500 homes

By Carl Brown2021-08-10T10:21:00

Challenger bank Gatehouse and investment firm TPG working initially with housebuilder Countryside

Gatehouse Bank has announced the launch of a £500 million joint venture with US investment firm TPG Real Estate Partners (TREP) to build 2,500 rental homes.

The UK challenger bank, which specialises in build to rent, said the venture is set to “become one of the UK’s largest providers of purpose built single-family rental homes.”

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