Leaders Romans Group appointed to oversee Berkshire Build to Rent scheme
Berkshire-based property services provider Leaders Romans Group (LRG) has been appointed by the Suburban Build to Rent (BTR) team at Legal & General to jointly manage and maintain more than 100 BTR units at Buckler’s Park near Wokingham.
Delivered among others by Cala Homes, Buckler’s Park is a sustainable new mixed-used community situated in 100 acres of natural space alongside LRG’s headquarters at Crowthorne House.
Andy Jones, Group Director for Corporate and BTR at LRG, said: “We are very pleased to have been appointed to manage this significant number of units. Investment in BTR reached record levels during 2022 and it is no coincidence that this has occurred as BTR expands beyond traditional city apartment units into communities such as this.
“Despite the threat of a recession, the BTR market is set to grow substantially, as the cost-of-living crisis and rising mortgage rates potentially deter would-be first time buyers from stepping on to the property ladder.
“And BTR suburban communities have evolved to meet growing demand. In contrast to traditional BTR, this new iteration focuses on suburban rather than city locations, families rather than young professionals, houses rather than apartments, and typically offers shared outdoor spaces in place of indoor co-living. The BTR suburban communities model translates the hugely popular values of traditional BTR into a new context.”
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