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Project Saturn secures £150m for BTR venture

Project Saturn, a venture from EQT Exeter and Sigma Capital, has secured £150m for its London build-to-rent drive.

The investors aim to build a 3,000-home portfolio valued at £1bn around London and commuter towns.

Project Saturn has agreed a £120m revolving development facility and a £30m investment facility from NatWest and Bank Leumi.

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