Oaktree Capital Management, an investment management company; Greycoat Real Estate, a full-service independent property partner; and Homes England have announced the creation of a £250 million ($314 million) master developer joint venture.
This initiative aims to accelerate the development of large-scale sites across England, with the goal of significantly increasing the nation's housing supply. The partnership is poised to target large or complex sites, each with the potential to deliver upward of 1,000 homes.
The partners are currently in the process of identifying potential sites and expect to announce their first project by early 2025.
