Starlight Investments announces successful closure of UK BTR Fund II
Starlight Investments has successfully closed its Starlight UK Build-to-Rent (BTR) Fund II, raising £680 million in capital commitments. This funding will support the acquisition and development of over 6,000 rental housing units across the United Kingdom. The fund is partially invested and currently includes three major residential assets under construction: two in Manchester and one in Basildon. The closure marks a significant milestone for Starlight's expansion in the UK BTR market and reflects strong investor confidence in its strategy and execution capabilities. Institutional investors from Europe, Asia-Pacific, and Canada participated, including both existing partners and new contributors. The fund also received substantial support from Homes England’s National Housing Bank. Starlight aims to become one of the top four largest BTR operators in Britain by expanding its pipeline across key regional cities and commuter areas around London with strong rental demand.
Topics: BTR Build-to-Rent fundraising UK real estate