Asian capital backs launch of Savills IM’s U.K. build-to-rent strategy

Savills Investment Management (Savills IM), an international real estate investment manager, has launched a U.K. build-to-rent strategy.

The new vehicle will seek to develop and forward-fund both single- and multifamily residential assets in the United Kingdom, with a focus on regeneration areas and master-planned schemes that display strong characteristics such as favorable renter demographics, evident supply/demand imbalance, and access to growing employment hubs. The platform aims to deliver high-quality, future-proof and professionally managed housing stock in the currently underserved U.K. market.

The Land Managers (TLM), the real estate investment division of the JL Family Office (JLFO), is the vehicle’s cornerstone investor. JLFO manages the private investments of Asia Pacific real estate veteran John Lim. This is TLM’s second partnership with Savills IM; in October 2021, it also invested in Savills IM’s retail park strategy to capitalize on the strong inc