Aviva Investors acquires Ipswich site to develop up to 163 single-family homes with Packaged Living

Aviva Investors, the global asset management business of Aviva plc, has acquired a site less than a mile from Ipswich town center for the development of more than 163 homes as it continues to grow its U.K. single-family rental platform in partnership with Packaged Living, the specialist U.K. build-to-rent (BTR) developer.

Spanning 7.66 acres along the north bank of the River Orwell and situated opposite Ipswich train station, the community is expected to comprise a mix of two-, three- and four-bed homes which together will provide almost 160,000 square feet of housing once complete.

It is one of several residential developments currently being undertaken by Aviva Investors as it continues to increase supply of affordable homes across the United Kingdom and Europe. These include