Hearthstone Investments completes on £93m of acquisitions

Hearthstone Investments completes on £93m of acquisitions over the past year, with over 300 new homes added to its growing portfolio.

Hearthstone Investment complete on £93m of acquisitions | BTR News

The new single-family Build to Rent homes added to Hearthstone Investments portfolio have been split into 22% flats and 78% houses covering 18 locations across England in the North-West, the Midlands, Eastern England, the South-West and South-East.

Hearthstone’s funds now own a combined portfolio of over 1,800 homes across the UK, including a pipeline of new properties currently under construction. 

The growth that Hearthstone Investments are experiencing provides institutional investors with the opportunity to invest in professionally managed housing; the demand for which continues to grow across the country.

The company have prided themselves on providing a diversified portfolio, with schemes being aimed at groups such as key workers and young families on average incomes.

“The last 12 months have been key for the evolution of Hearthstone Investments. By working in partnership with developers and building in locations where there is substantial demand for private rented housing for occupiers on average incomes, the asset class becomes an attractive, resilient option for institutional capital in the longer term. Our growing portfolio now numbers over 1,800 houses and apartments, in targeted communities across the country. In partnership with our investors, we are committed to ensuring those who choose to rent their homes can benefit from some of the best stock in their local area, with the confidence that their homes will be energy efficient, well maintained and well managed. This is something we are proud to supply.”

Andrew Smith, Chief Investment Officer, Hearthstone Investments

According to Hearthstone Investments, the institutional management of private rental properties delivers a better-quality experience for residents than many homes available on the open rental market.

All homes within Hearthstone’s portfolio are energy-efficient, aiding towards the company’s and its investors environmental and social credentials.

They also have a carbon impact of just 1.3 tonnes of CO2 pa compared with the average UK home emitting 6.0 tonnes pa.