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Wise Living to support more than 10,000 built-to-rent homes by 2025

Wise Living will faciliate the building of more than 10,000 build-to-rent homes by 2025, which it said would create up to 100 new jobs across the UK.

SDL Group’s build to rent platform has outlined significant growth plans for the next five years, following a stream of investment announcements and new partnerships with several developers.

Over the last 12 months Wise Living, which sits under SDL Group, has partnered with developers Keon Homes and Lovell Homes, while there’s been £133m of investment from Triple Point (£100m) and ICG Longbow (£33m), with more to follow.

Andy Deller, director at Wise Living, said: “Since our launch in 2018, we’ve made fantastic progress thanks to the effort of our team and our partners.

“We’ve had a stream of collaborations and investments that have enabled us to build high-quality BTR properties for people and families right across the UK.

“Having attracted significant investment, our focus now is on delivering our exciting plans to grow the business in a market that has so much potential.

“As part of this we are expanding the support we provide to our partners, so that we can use our knowledge and expertise to help them through every stage of a successful scheme.”

Wise Living plans to partner with more regional and national housebuilders.

The company, which was set up in 2018 is currently working with 10 developers across the UK and has developments in Mansfield, Birkenhead, Coventry and Telford

Deller added: “The key aim is to deliver on the potential that we have realised and build 10,000 homes and partner with a number of key regional and national developers by the year 2025.

“This will create up to 100 new roles, in everything from estate management to marketing. From what the team has achieved so far, it’s a target we are more than capable of hitting.”