Countrywide Residential Investment Management is a specialist team focusing on investment into build to rent and large-scale PRS.
The Countrywide Residential Investment Management team has a strong track record in this nascent sector following the acquisition, asset management and disposal of the assets held in the Vista Fund. A joint venture investing in PRS (Private Rented Sector) with a focus on BTR (Build to Rent) with Countrywide co-investing. This included over 650 units across six buildings, which were exited with financial outperformance.
CRIM provides the following three main services:
The team offers developers and investors advice throughout the lifecycle of a BRS asset from planning and feasibility through acquisition via a forward purchase to launch, lease up and then steady state.
CRIM will provide investment management services, acting in an advisory role from the deploying of capital into PRS/BTR to maximise returns within any clients risk parameters. Working closely with our colleagues throughout the assets lifecycle to maximise performance and reporting as required to the client constantly working within pre agreed budgets and offering well-tailored product to suit the local demographic to maximise returns.
Working with our colleagues to:
Using Countrywide’s unique data and market knowledge to find underwrite and secure the best opportunities to maximise returns within the required risk parameters.
Countrywide has a significant branch network across the UK, with dedicated teams advising developers and dealing with land sales, so we are well placed to secure opportunities both on and off market. Currently we are working with a number of developers whose business model until now has been open market sale of single units – but are now considering BTR and PRS product exits for their schemes.
Advise investors on schemes and potential schemes looking at layouts, locations and viability, returns, target market and rental levels. Advising developers on the exit strategy of whole schemes on a forward funding or commitment basis effectively de-risking the development for the developer as they have a guaranteed sale price before they start.
For further information, please contact Bobby Barnett MRICS, Investment Director, Countrywide Residential Investments on 07725 429015 or email Bobby.Barnett@Countrywide.co.uk