BUILD TO RENT AND PRIVATE RENTAL SCHEMES (PRS)
Burrington Estates’ is rapidly growing its portfolio of Build To Rent and private rental schemes, and the company has an enviable reputation for the exceptionally high quality of its rental products. It has created three successful student accommodation developments in Exeter, and is currently creating two large schemes in Exeter and Plymouth.
In addition, Burrington Estates’ ownership of Plymouth’s Ocean Crescent, has provided the developer with experience of a large residential managed rental block, and it is therefore looking to participate in the new wave of PRS.
Once the developments are built, Burrington will often look to sell the completed scheme to yield-hungry investment funds, whilst retaining some assets for themselves.