What the buyer wrote
TfL is seeking to appoint an investment partner to co-invest in a new corporate joint venture vehicle. The vehicle shall have the right to purchase (on market terms) an Anticipated Seed Portfolio of up to 10 sites currently in TfL' s ownership in the expectation that, thereafter, it shall develop private rental units (Build to Rent (BtR) units) on those sites. TfL expects the equity proportions to be 49% TfL to 51% private investor. The BtR Investment Partnership (the Partnership) will offer a rare opportunity to invest in BtR across London at a considerable scale. The Partnership will have the ability to achieve significant scale through potential access to TfL's wider landholdings, w…
Details
- What the buyer calls it
- Build to Rent Joint Venture Investment Partner
- How they are buying
- The buyer did not say
- Work starts
- 30 Jun 2019
- Work ends
- 30 Jun 2048
- Kind of work
- Property and facilities
Who the buyer named
The buyer published a contact address on this notice.