JLL advise Citra Living Ltd on the acquisition of 604 homes
News release
05 July 2023
JLL Living Capital Markets advises on landmark Single Family Housing portfolio acquisition
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JLL Living Capital Markets are delighted to have advised CitraLiving on their recent single family housing portfolio acquisition from BarrattHomes. With an acquisition value of £168.4, the portfolio features 604 homes across the UK.
Jack Bergin, Director in JLL Living Capital Markets, commented “It is great to see this transaction over the line which is a true demonstration of resilience in the residential investment market. Fantastic to work with the Citra team and to see the delivery of crucial rental housing to the UK market.”
The portfolio complements Citra’s previous investments with Barratt since forming a partnership in 2021, and have separately agreed the purchase of 502 homes over this time, which JLL are proud to have advised on.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.