£41m investment to acquire major build to rent scheme

Clients of Aberdeen Standard Investments have acquired Clarendon Quarter, a 324-unit residential scheme just outside of Leeds city centre, from Habitus Leeds.

The deal marks the UK’s largest stabilised transaction, for institutional grade, purpose-built accommodation and the first in Leeds.

The scheme comprises the former St Michael’s School (The Court) and a new build block (The Gardens), with a BREEAM rating of Very Good …

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