Leaf Living, a specialist provider of professionally managed new-build rental housing in the UK, announces it has completed two agreements totalling over £34m of investment across two developments in Essex and Hampshire. Combined, the developments will deliver 110 new homes.
The development in Basildon, Essex will deliver 68 new homes as part of the 54-acre Gardiners Park Village development. The homes will be delivered in partnership with family-owned house-builder, Stonebond.
“Our collaboration with Leaf Living provides the perfect opportunity to share expertise and deliver high-quality new homes as part of new and sustainable communities. I am proud of our partnership with Leaf Living which will deliver tangible benefits for Basildon, helping to deliver the right homes in the right places.”Andrew Cornelius, CEO, Stonebond
Leaf Living also confirms that it has partnered with Drew Smith to deliver 42 new homes in North Whiteley, Hampshire. The development forms part of the North Whiteley Urban Extension and represents an investment of £11.7m.
“We are excited to announce these two new agreements with some excellent delivery partners. We are investing significantly in our pipeline, and these agreements are a clear demonstration of our commitment to delivery and expanding the business,”Will Montague, Interim CEO, Leaf Living
Established in March 2021 by investment partners Blackstone and Regis Group, Leaf Living has been partnering with several small and medium-sized construction companies to develop new sites as part of its expanding portfolio of new Build to Rent housing in the UK.
Leaf Living is focused on working with construction partners to deliver high-quality, new-build single family housing accommodation, providing industry expertise and competitive funding arrangements.
Established for over 30 years, Drew Smith specialises in providing exceptional new homes and are passionate about the creation of better places for people to live. With a strong emphasis on design, sustainability and build quality, their new homes make a positive and long-lasting impact to both new and existing communities.
Established over 40 years ago, Stonebond is a privately owned housebuilder focused on the delivery of high quality, mixed-tenure developments across the Northern and Southern Home Counties and the Midlands. With sustainable housebuilding at the heart of the company’s approach, this year (2022), the operations of the business will be carbon neutral.