Godwin Developments, a UK property development company, has announced the launch of its nationwide build-to-rent (BTR) platform in partnership with Brookfield, a leading international institutional real estate investor. Together, they aim to create a portfolio of professionally managed homes across UK urban and suburban BTR markets valued at over £1 billion.

The joint venture (JV) will focus on both single-family and multifamily BTR sectors, leveraging Godwin's expertise in acquisition, planning, and delivery. The JV partner brings significant experience in investing in living sectors across various jurisdictions, including the UK.

In the near term, the JV plans to develop its BTR proposition through acquisitions and new land opportunities. Key areas for expansion include the Oxford-Cambridge Arc, the Home Counties, London, Bristol, and Birmingham.

The JV aims to offer high-quality, professionally managed homes with strong ESG credentials, catering to residents of all ages and life stages. Research predicts significant growth in the BTR sector, with completed BTR homes projected to increase fivefold by 2032.

Stephen Pratt, Director and Co-Founder of Godwin Developments, said: “We are thrilled to announce the next step in our growth ambitions in the BTR sector. BTR has proven itself to be a highly defensive asset class and is rapidly establishing itself as a real alternative to home ownership, delivering an opportunity to alleviate the shortage of housing across the country.

This launch is truly transformational for our business, and we look forward to growing our portfolio nationwide, adding value for residents, housebuilders, landowners, local authorities and other stakeholders using our expertise and unique ability to deliver, market and manage schemes across the development lifecycle.”

Godwin Developments received advisory support from Alantra (corporate finance), Gateley (legal), and KPMG (tax) for the launch.