Build to Rent: London LRC Group Expands UK Build-to-Rent Portfolio with Acquisition of Bradstowe House in Harrow November 29th, 2024 Deividas Krupstas LRC Group, a leading private investment firm with €6 billion in assets under management, has announced the acquisition of Bradstowe House, a prominent build-to-rent (BTR) scheme in Harrow, north-west London. The property, marketed for offers exceeding £58.2 million, comprises 177 residential units and was purchased out of administration.This strategic acquisition follows LRC Group’s recent purchase of the 288-unit Parkview BTR scheme in Brentford for £53 million, reinforcing its commitment to the UK BTR sector.Founded in London in 1995, LRC Group manages over 10,000 residential units worldwide and has been actively expanding its UK portfolio. The addition of Bradstowe House and Parkview underscores LRC’s capability to secure large, complex transactions and its confidence in the long-term growth prospects of the BTR market.The UK’s BTR sector has seen a surge in investor demand, underpinned by robust tenant interest and constrained supply. These dynamics are expected to drive sustained performance and yield growth in the sector, making it an attractive investment avenue for firms like LRC Group.LRC’s continued activity in the BTR space demonstrates its commitment to delivering innovative and high-quality housing solutions while generating long-term value for its stakeholders.
