Friday, July 26, 2024

Starlight Investments acquires new rental property in Leeds, UK

Starlight Investments, a global real estate investment and asset management company, has expanded its UK portfolio with the recent acquisition of 84 Kirkstall Road, a construction community in Leeds. The nine-story residence offers one-bedroom, two-bedroom, and three-bedroom suites with various balconies and terraces. The property features high-quality amenities such as a co-working space, media room, and residents’ lounge, along with renewable energy systems and high-efficiency lighting.

Located close to the city center, Leeds’ commercial and financial district, universities, and a university hospital, 84 Kirkstall Road is strategically positioned in a vibrant and growing area. Leeds is not only a key financial hub but also a top student city with a large student population. Starlight’s acquisition of this property aligns with its goal of meeting the increasing demand for rental housing in the UK.

In May 2023, Starlight announced the launch of its European residential asset management platform through a partnership with global institutional partners focusing on the UK build-to-rent (BTR) market. The addition of 84 Kirkstall Road to Starlight’s UK portfolio enhances its presence in Leeds, reinforcing its commitment to providing quality rental housing in dynamic cities.

Daniel Drimmer, the founder and managing director of Starlight Investments, expressed excitement about the acquisition, highlighting its strategic value and contribution to the company’s growing UK portfolio. With 1,038 suites in the overall UK portfolio and 1,200 suites in the active portfolio, Starlight Investments continues to expand its reach and offer exceptional real estate investment opportunities.

Starlight Investments is known for its global leadership in real estate investment and asset management, owning and managing over 66,000 multi-residential apartments and 7 million square feet of commercial space. The company’s mission is to drive positive impact for investors and communities through visionary strategies and impactful investments. To learn more about Starlight Investments and its projects, visit http://www.starlightinvest.com or follow the company on LinkedIn.

For inquiries about Starlight Investments and its UK residential operations, contact Leslie Veiner, the director of operations for Canada & UK Residential. For marketing and communication inquiries, reach out to Talia Schwebel, the Vice President of Marketing and Communications. Exciting opportunities await with Starlight Investments as it continues to expand its presence and make a difference in the real estate industry.

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