Long Harbour has acquired 105 single family homes in Newhall, Harlow, from Vistry Group through a forward fund structure.
The 105 homes form part of the wider Newhall Masterplan comprising 2,135 homes, with the first handover taking place in April 2026.
As part of the plan, there have also been significant improvements to surrounding social infrastructure, including two on-site community hubs which comprise coffee shops, a supermarket and a beauty salon, as well as a primary school and nursery.
These hubs, alongside the additional recreation areas, are currently under construction. Future phases will provide green spaces for residents including sports pitches and a playground.
The acquisition was made on behalf of Long Harbour’s latest Single Family Housing Fund, which recently secured a £300m seed equity commitment from South Korea’s National Pension Service.
In this fund Long Harbour is seeking to execute an initial deployment target of up to £600m of single family housing assets, including forward funded, forward purchase and standing stock opportunities.
The fund has a total target raise of £1.2bn and is acquiring new-build homes across the UK, with a focus on the South and South East of England.
Jack Spearman, managing director of single family housing at Long Harbour, said: “The fund’s first single family housing investment will deliver much needed new homes as part of the Newhall Masterplan, an area with great potential for future growth given its strategic location. This transaction also marks the start of our ambitious deployment plans for Long Harbour’s Single Family Housing platform, working with strategic partners like Vistry will support our growth ambitions and build on our existing strengths across the living sector.”
Verity Macey, managing director at Vistry Central Home Counties, said: “This PRS deal is the first between Vistry and Long Harbour marking an exciting new partnership with this UK based investment firm. This deal is a great addition to the mix of high-quality housing on offer across these phases of the development, helping us to provide the range of housing that local residents need. The on-site amenities already on offer, combined with those planned for future phases, provide the facilities needed to support thriving and sustainable long-term communities.”
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