Southernwood Capital has acquired two Build-to-Rent apartment blocks in Northampton and Leicester and called Final Close for Southernwood Residential I. Stoughton House (Leicester) and Dickens Factory (Northampton) represent just over half of the invested assets for Southernwood Residential I. Alongside Eden Place (Grantham), River Buildings (Leicester) and Porchester House (Nottingham) the portfolio holds 85 apartments across five blocks.
Following the two acquisitions Southernwood Capital has called Final Close for Southernwood Residential I after raising £4m in Series A and B investments. The fund will now enter its management phase and will continue to deliver a high income yield to investors following it’s first distribution in December 2021.
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