The property arm of a $72bn Canadian pension fund has dipped its toe in Britain’s build-to-rent sector after buying a £600m stake in one of the biggest operators.
Oxford Properties, which has a global portfolio and was involved in a record-breaking deal last year when it sold its stake in London’s Cheesegrater skyscraper, has joined Get Living, which has 2,000 build-to-rent homes.
Get Living is owned by Delancey, the British property developer, as well as Qatari Diar, the property arm of the nation’s sovereign wealth, and APG, the Dutch pension fund asset manager.
