Eden Living, backed by European special situations manager Warwick Capital Partners, has launched as a private rented sector business, focusing on the acquisition and subsequent letting of newly built housing in South Wales and Southwest England.
The business will offer two- to four-bedroom single-family homes in suburban areas. Developments will be located close in proximity to schools, amenities, services and transport links, with the broader aim of creating local communities.
Eden Living has partnered with Edenstone Homes, a regional homebuilder, to acquire 400 single-family homes. Management of the homes will be handled by URPAD.
Eden Living has secured equity funding from Warwick Capital Partners, as part of its European Opportunities Fund III, and senior financing from Lloyds Banking Group, who will help fund the initial acquisition of properties by the company.
“These are exciting times for all those looking for a new, high-quality home to rent i
