Sigma Capital Group has bought four new sites for around £100m, aiming to deliver 415 new homes with Vistry Group.
Sigma now owns and manages homes from the Central Belt of Scotland to the South Coast and Central London, offering single and multi-family homes to rent.
Once finished, the new developments will be fully owned, let and managed by Sigma Capital through its Simple Life Team.
These latest acquisitions bring Sigma’s total gross development cost on its own balance sheet up to £1.06bn, covering 4,510 new homes.
The four sites are Top Wighay Farm in the East Midlands with 153 homes, Ibstock in St Helens in the North West with 120 homes, Sutton Road in Maidstone in the South East with 87 homes, and Womersley Road in Knottingley, Yorkshire, with 55 homes.
All homes will be built by Vistry Group.
Graham Barnet, CEO of Sigma Capital, said: “We recently celebrated a decade in single-family build-to-rent and this latest round of acquisitions shows that we are still consistently innovating and adding to our growing portfolio.
“With these four new sites, we’re not only expanding our footprint across key regions, but also enhancing the quality of the homes we deliver, working with our trusted partners.
“Our current pipeline of opportunity now sits at over £5bn GDC throughout the UK, confirming our position as the leading single-family housing provider in the country.”
Barnet added: “As demand for high-quality family rental housing continues to grow, we’re proud to play a leading role in supporting housing delivery, offering a professionally managed, secure solution for our customers.”
Stephen Teagle, CEO, partnerships and regeneration at Vistry Group, said: “We’re delighted to see this further extension of our long-standing partnership with Sigma Capital to deliver high-quality, professionally managed rental homes across the UK.
“These new developments reflect our shared commitment to accelerating housing delivery through diverse tenures, meeting local needs, and supporting the Government’s housing ambitions.
“Together, we’re creating thriving professionally managed communities with homes people are proud to live in.”
