Magna Group is developing a £35m PRS scheme in Woking, Surrey, aimed at the microapartment sector.
The scheme of 158 flats, known as Cornerstone, is a joint venture with Thameswey Developments.
Work on the site will start later this year.
Chris Madelin, chief executive of Magna Group, said: “This is a key area of growth for the Magna brand. The scheme augments Surrey’s housing stock and provides a community feel at an affordable price.”
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