Wise Living Sets Out Five-year Growth Plan

Wise Living Sets Out Five-year Growth Plan

Wise Living has announced plans to build more than 10,000 build-to-rent (BTR) homes by 2025, creating 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 has announced partnerships with developers Keon Homes and Lovell Homes, as well as £133m investment from Triple Point (£100m) and ICG Longbow (£33m), with significantly more to follow. This additional funding will boost their efforts to build more partnerships delivering thousands of high-quality build-to-rent homes for families across the UK.

Following this success and growing momentum, SDL Group is focusing its efforts on these strategic partnerships to capitalise on the potential in the growing BTR sector.

Wise Living will expand its support further for regional and national house builders, with the aim of securing long-term partnerships over the next five years. This will include support from the initial appraisal of a site, to providing funding for the Private Rental Sector (PRS) element of the scheme, right through to managing the completed development on behalf of investors from a lettings, asset and estate management perspective.     

Andy Deller, director at Wise Living, is clear it is a really exciting time for the business:

“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, which was set-up in 2018, was created with the vision to build thousands of high-quality BTR properties that raise standards in the sector. Wise Living is currently working with 10 developers across the UK and has developments in Mansfield, Birkenhead, Coventry and Telford. 

Andy adds:

“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.”

To find out more about Wise Living, please visit www.wiselivinghomes.co.uk.

 


< Back