Touchstone appointed managing agent for Cheyne Impact Real Estate’s latest scheme in Acton Gardens

Cheyne Impact Real Estate and Touchstone have joined forces to deliver inclusive new homes in wider regeneration project.

Kitchen and dining area at the Lina Acton Gardens Build to Rent development. Cheyne Impact Real Estate has appointed Touchstone as the managing agent | BTR News
Kitchen and dining area at the Lina Acton Gardens Build to Rent development. Cheyne Impact Real Estate has appointed Touchstone as the managing agent.

Touchstone, the residential property management firm, is pleased to announce that they have been appointed as the managing agent for an exciting new development with a community centric approach in the heart of Acton Gardens, following Cheyne Impact Real Estate’s acquisition of the modern apartments. This acquisition is part of an £800m regeneration of the area, from a joint venture between Ealing Council, Countryside Partnerships and UK housing association L&Q.

“As a business, we are always looking to partner with forward thinking, like-minded clients. The unique opportunity to bring Lina to market, alongside Cheyne Impact Real Estate, represents further growth in the capital for Touchstone as we strive to represent a cross section of all rental sectors. We share the vision and approach of Cheyne Impact Real Estate which will provide a great rental experience, where residents and functionality are at the very heart of what we want to achieve. We are extremely excited to be working on this statement project.”

Andy Wadsworth, Associate Director, Touchstone

Touchstone specialises in managing several asset classes, from single-family homes to Build to Rent across a range of tenures. The third-party managing agents have been able to support Cheyne Impact Real Estate in the delivery of their forward-thinking Build to Rent scheme, Lina, with the ambition that it will act as a force for good within Acton Gardens’ existing community, as well as ensuring the project is commercially viable.

Lina Acton Gardens Build to Rent development | BTR News
Lina Acton Gardens Build to Rent development.

As an integral part of the wider regeneration project in West London, these homes will offer customers beautifully designed, high-quality homes with the benefit of a professionally managed rental offering.

“We’re privileged to have been given the opportunity to operate this development on behalf of Cheyne Impact Real Estate. Lina represents a fantastic blend of market rental apartments which are available to a wide variety of renter with discounts available for our valued keyworkers – representing how we are responding positively to affordability challenges within the capital whilst not compromising on quality, design, or the customer experience.”

Kirpal Rehinsi, Build to Rent Business Development Director, Touchstone

Alongside the open market rent properties, a quota of the new homes will offer discounted rent to key workers, adhering to Cheyne Impact Real Estate’s commitment of creating lasting impact by delivering additionality and inclusivity.  Touchstone will play a major role in line with Cheyne Impact Real Estate’s strategy, providing an expert full operational management solution.

Lounge at Lina Acton Gardens | BTR News
Lounge at Lina Acton Gardens.

The one-bedroom, two-bedroom and maisonette apartments have been designed with an enhanced customer living experience in mind, and are therefore all equipped with a balcony, underfloor heating, delivered fully furnished, pet friendly, and accompanied by a bespoke customer app that will be used for all customer communications.

“Continuing Cheyne Impact Real Estate’s ongoing impact thesis, we are pleased to be entering the London rental market where key workers face recognisable challenges in their day-to-day lives. By creating a complementary affordable housing product for key workers alongside planning-defined affordable housing, we hope to alleviate concerns around housing affordability and security of tenure for them.”

Adele Sanderson, Asset Manager, Cheyne Capital