Citra, a branch of Lloyds banking group specialising in managing rental housing, has recently acquired 49 homes in Gedling, Nottingham. These properties are part of an ambitious housing project comprising a total of 1,000 homes, which is being developed by the construction company, Keepmoat.

Known as the Park View development, this project is currently underway and will feature a diverse selection of two-, three-, and four-bedroom family homes. At present, 16 homes have been completed and are already available for rent, while the remaining properties are scheduled to be finished during the upcoming October phase.

The partnership between Citra and Keepmoat, which was announced earlier this year, has a primary objective of tackling the increasing demand for rental housing across the entire UK. As a part of this joint initiative, Citra has also made an investment in 68 residences at Keepmoat’s Coney Green site, situated near Chesterfield.

Andy Hutchinson, the Managing Director of Citra Living, has expressed great enthusiasm for this collaboration with Keepmoat. He has emphasized their shared dedication to delivering top-notch, sustainable housing options for young families and workers. With the emergence of numerous job opportunities in Nottingham and the wider East Midlands region, this new location presents an ideal prospect for young individuals and families who are seeking a place to call home.