May 11, 2022
Tonight (Wednesday 11th May) our Operating Partner, Packaged Living, will be joining the other RESI Awards finalists to celebrate their three shortlistings.
The first shortlisting is alongside Fiera Real Estate for PRS Deal of the Year. During 2021, Packaged Living and Fiera Real Estate partnered to acquire a tri-series of BTR projects in Cardiff, Southampton, and Bournemouth with a combined GDV of £330m. These schemes are breathing new life into the cities through high quality build & significant investment into public realm and the local economy.
The second shortlisting celebrates the recent partnership between Packaged Living’s Single Family Homes Platform and Aviva Investors, which is focused on the development and delivery of suburban rental housing across the UK . The Partnership will acquire and forward fund homes directly from housebuilders which will then be let to families, offering a flexible and affordable solution to the UK’s housing
shortage. The Partnership will target an EPC-A rating for the properties under development, offering highly energy-efficient homes designed to minimise energy usage and costs for families.
The third shortlisting recognises Packaged Living as one of the Large Developers of the Year. Launched in 2018, Packaged Living has quickly become one of the fastest growing BTR developers and operators in the UK. Boasting a pipeline of over 5,000 sustainable multi-family and single-family homes nationwide, Packaged Living is unparalleled in its ambition to become the leading name in developing and operating BTR communities. All Packaged Living’s projects are designed to meet the pressing need for new homes, enhancing the quality of life for a growing population. Packaged Living’s developments support new jobs and provides vital investment with an average development creating 350+ construction roles and 20+ full time positions.
Despite being a small team and with less than 4 years of being on the map, Packaged Living aspires to be market leaders in sustainable residential development with over 5,000 homes currently in development. Projects will contribute to a healthy and vibrant community whilst supporting the transition to a low-carbon economy. All Packaged Living developments hit the highest ESG benchmarks including BREEAM Excellent, code for Sustainable Homes Level 4 and EPC ratings of A.
Congratulations to the team at Packaged Living – we have our fingers crossed!