Telford Homes and a joint venture between Ridgeback Group and Angelo Gordon (the JV) has announced the completion of a landmark £300m forward-funding deal to deliver a diversified portfolio of three high-quality Build to Rent developments across London. The deal marks a major milestone for Telford Homes as it continues to build its growing BtR pipeline.

The new deal will provide over 750 Build to Rent homes across three sites – Capital Interchange Way in Brentford, Mill Road in Ilford, and the former Metroline Bus Garage in Alperton.

Charlie Weatherill, Capital Markets Director at Telford Homes, said of the deal:

“We’re delighted to be working with Angelo Gordon and Ridgeback on these three developments, which will provide much-needed Build to Rent homes in some of London’s most exciting neighbourhoods. Angelo Gordon and Ridgeback share our vision to create high-quality, sustainable rental communities that will deliver enduring value for communities, residents and investors. This deal is an important step forward in our strategy to scale our Build to Rent pipeline and become the go-to partner for high quality rental accommodation in the capital and beyond.”