Ringley Group, the £8 billion ($10 billion) residential group, is launching a new operational living sector platform, known as Una Living.
Una Living will act as third-party asset-management and operating partner for living sector-asset owners
The platform will look to position itself as the go-to business for investors looking to access UK living real estate, including build-to-rent (BTR), co-living, purpose-built student accommodation and senior housing. It will manage an initial portfolio of more than 1,700 BTR homes across the United Kingdom on behalf of institutional investors and is actively seeking more asset management and operating mandates.
Although it is now active only in the United Kingdom, Una Living also is exploring opportunities in Europe.
Una Living will remain a wholly-owned subsidiary of Ringley, which manages more than 15,000 homes for the United Kingdom’s largest investors, including Patrizia, Europa, Curlew, Rise Homes and Gresha