Zenzic Capital and Jensco Group have formed a joint venture to invest in purpose-built single-family (SFH) homes across the United Kingdom and have forward funded an initial 125 homes from leading housebuilder Vistry.
The platform has been seeded with an initial £31 million ($42 million) investment to support the delivery of new homes at Vistry’s Great Haddon scheme in Peterborough. The portfolio will primarily comprise two- and three-bedroom homes built to high sustainability standards, with construction expected to commence later this year. The joint venture aims for a portfolio of approximately 1,000 homes, underpinned by a strong focus on tenant service and long-term customer experience.
This transaction represents the first investment made on behalf of Zenzic Real Estate Credit Opportunities Fund (ZRECO), which was launched in October last year. The fund invests across short-duration tactical credits, medium-term value-driven positions, and select special situa