A new housing rental business has a £1.6bn development pipeline to build homes for rent using modern methods of construction, starting with 3,000 homes in the South East.
Apache Capital has launched Present Made to design, build and operate family homes for rent.
The first three sites in the company’s £1.6bn development pipeline are located in the Oxford-Cambridge Arc.
Present Made homes will integrate smart home technologies such as sensors that monitor and control energy usage while its developments will incorporate low carbon technologies such as photovoltaic panels, district heating system, combined heat and power systems and mechanical ventilation heat recovery.
Present Made is Apache Capital’s second UK build-to-rent platform after its £2bn joint venture with developer-operator Moda Living, which is delivering more than 6,000 apartments for rent in the UK’s largest cities and is backed by major investors including NFU Mutual and Harrison Street.
Richard Jackson, managing director and co-founder of Apache Capital and CEO at Present Made, said: “Four years in the making, Present Made from the outset has been designed around our future residents’ needs and the growing importance of ESG (environmental, social and corporate governance) considerations to both our residents and investors alike.
“Despite record numbers of families renting, no purpose-built single-family rental housing exists in the UK. Present Made will cater to this growing but under-served segment of the rental market by providing high quality smart homes designed and built specifically for rent, delivered through precision engineering and operated by our own dedicated in-house team.
“The biophilic designs, amenities and services provided at Present Made communities are all intended to help promote mental and physical health and wellbeing, where living sustainably is second nature.”
