Apache aims to raise up to £600m for second UK BTR platform
Through the platform, Apache will deploy capital across the UK, with a special focus on the South East and London, where the firm finds itself more competitive after establishing a track record in the BTR segment, CEO and co-founder John Dunkerley told CoStar News.
In 2015, Apache created a joint venture with developer Moda Living to build BTR schemes across the UK. Since then, the investor has five BTR projects under construction in key regional cities. The first scheme to open to renters was the 466-unit Angel Gardens in Manchester, which is currently 75% let after opening in October last year
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