Glenbrook acquires Leeds site to deliver BTR

Developer Glenbrook announces today that it has acquired a Leeds site to deliver the latest generation of Build to Rent homes.

Street view of the proposed new Build to Rent scheme in Leeds to be delivered by developer Glenbrook | BTR News
Street view of the proposed new Build to Rent scheme in Leeds to be delivered by developer Glenbrook.

Developer Glenbrook announces today (19 January 2022) that it has acquired a 5.12-acre site in Leeds from Marshall CDP for an undisclosed sum. Carrick Real Estate represented Glenbrook and CBRE advised Marshalls on the acquisition.

The site – at the edge of Leeds city centre – occupies a prominent location at 87-89 Kirkstall Road on the bank of River Aire. The scheme has existing outline planning consent in place for 631 apartments and 10,000 sq ft of commercial accommodation. 

Under Glenbrook’s ownership, the developer is working alongside its design team to deliver the latest generation of Build to Rent homes. In the coming months, Glenbrook will submit a reserved matters planning application.

“Leeds is a forward-thinking and dynamic city; this site is strategically very important and its redevelopment will help create an attractive walkway along the River Aire giving access to and from the city centre. Our plans will bring an exciting new Build to Rent concept to the market with features including pocket parks and a host of amenities to complement the substantial public realm areas.”

Daniel Roberts, Senior Development Manager, Glenbrook

Glenbrook specialises on developing Build to Rent accommodation and is one of the UK’s most active property developers. To date, the company has completed over 1,500 apartments and has an additional 2,500 apartments in the pipeline -which are in various stages of planning and procurement, with construction due to start in the next 12 months. Recent funding partners included Barings Real Estate, Moorfield and Clarion.