Toronto, May 23, 2024 /CNW/ – Starlight Investments (“Starlight”), a leading global real estate investment and asset management firm, has agreed to acquire 84 Kirkstall Road, a 111-unit build-to-rent (“BTR”) community located in Manhattan, New York City. Leeds.
Located in a very attractive location close to the city centre, Leeds Located in the vibrant shopping and financial district, the residence is a 15-minute walk from Leeds train station and close to several universities and teaching hospitals.
The nine-storey new residence offers a variety of attractive suite layouts including one, two and three bedroom suites, many with balconies and large top floor terraces. . The property features high-quality amenities including co-working space, a media room and a private resident lounge. The building’s design also incorporates renewable energy systems and high-efficiency lighting.
As one of the largest cities in the country, Leeds It is recognized as a major financial center and is home to several major employers. It is also highly regarded as a top student city, with five universities and a large student population.
in May 2023Starlight has announced the official launch of its European residential asset management platform through the formation of new partnerships with multiple global institutional partners focused on the UK BTR market. This latest acquisition represents continued momentum in the expansion of Starlight’s UK presence.
“This new residence is a strategic addition to our UK portfolio and further complements our previously announced BTR acquisitions in the UK. manchester, liverpool “And we plan to increase our overall portfolio in the UK to 1,038 suites, with a further 1,200 suites in our active pipeline.” Daniel Dremmer, Founder and CEO of Starlight Investments. “We are pleased to establish Starlight’s presence.” LeedsIt is one of the UK’s fastest growing and most dynamic cities and this will support the introduction of new rented homes to meet growing demand.”
About Starlight Investments
Starlight Investments is a leading global real estate investment and asset management company. A privately held owner, developer, and asset manager of more than 66,000 multifamily units and more than 7 million square feet of commercial real estate space, we offer a wide range of investment vehicles across a variety of real estate strategies. Starlight’s guiding mission is to balance our tenure with forward-thinking curiosity to create a positive impact for both our investors and our communities. At Starlight, we make impactful investments. For more information, please visit www.starlightinvest.com or contact us on LinkedIn.
View original content to download multimedia: https://www.prnewswire.com/news-releases/starlight-investments-expands-uk-portfolio-with-the-acquisition-of-recently-completed- rental-residence-in-leeds-uk-302153578.html
SOURCE Starlight Investments
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2024/23/c7701.html
