Boost for build-to-rent specialist

ICG-Longbow

October 22, 2019 – Build-to-rent specialist Wise Living has received a further £33m round of funding from its primary shareholder, real estate investor ICG-Longbow.

Wise Living has several BTR schemes around the country, including in Birkenhead, Telford, Mansfield and Coventry. With this additional investment, it plans to expand.

Director Andy Deller said: “This additional funding is a real vote of confidence that helps us move up a gear with our plan to not just build homes, but thriving communities.

ICG-Longbow partner Kevin Crowley added: “We are delighted to further expand our commitment to the BTR sector and to Wise Living – and are very excited to continue to support the development of good quality and accessibly priced rental homes over the upcoming years.”

Source:- https://www.theconstructionindex.co.uk/news/view/boost-for-build-to-rent-specialist

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