Realstar has sold its portfolio of eight BTR developments to fellow Canadian, Quadreal Property Group.
The properties are mostly in London, with one in Manchester. Quadreal invests on behalf of British Columbia Investment Management Corporation.
Quadreal agreed a £570m deal to acquire the portfolio last year.
Flats in the properties, which include a 45-storey tower in Elephant and Castle, south London, are rented out for between about £1,000 and £3,000 a month and range from studios to three-bedroom flats. Amenities include gyms with Peloton studios and meditation spaces.
