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Starlight Investments expands UK portfolio with acquisition of build-to-rent community in Leeds

Dec 16, 2024

Acquiring Company

Starlight Investments

Acquired Company

Torsion Group

TorontoLeedsFinancial ServicesReal EstateReal Estate InvestmentCommercial Real EstateConstructionBuilding MaintenanceCivil Engineering

Description

Starlight Investments has announced the acquisition of a 300-suite build-to-rent community in Leeds from Leeds-based developer, Torsion Group. This strategic acquisition further strengthens Starlight's presence in Leeds, marking another milestone in the company's European residential asset management platform. With this acquisition, Starlight UK now has over 3,600 suites under management, reflecting their commitment to investing in high-quality rental housing in the UK.

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Company Information

Company

Starlight Investments

Location

Toronto, Ontario, Canada

About

Starlight Investments is a leading global real estate investment and asset management firm, owning, developing, and managing over 66,000 multi-residential suites and 7 million square feet of commercial property space. The company offers various investment vehicles across different real estate strategies, with a mission to create a positive impact for investors and communities. For more information, visit www.starlightinvest.com.

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Frequently asked

Who acquired Torsion Group?

Torsion Group was acquired by Starlight Investments, based in Toronto. The deal was reported on December 16, 2024. Starlight Investments is a leading global real estate investment and asset management firm, owning, developing, and managing over 66,000 multi-residential suites and 7 million square feet of commercial property space. Starlight Investments is privately held and operates in Financial Services.

When did Starlight Investments acquire Torsion Group?

Starlight Investments's acquisition of Torsion Group was reported on December 16, 2024. Starlight Investments has announced the acquisition of a 300-suite build-to-rent community in Leeds from Leeds-based developer, Torsion Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Torsion Group do?

Torsion Group is a market-leading developer specializing in construction and development projects, focused on providing end-to-end solutions to clients. It has a strategic vision to align its Construction and Development businesses further. It is privately held, operating in Construction, and is based in Leeds.

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