Crayon Partners acquires 17 new-build apartments in Southall, London, as part of its first UK investment through its institutional rent-to-own fund, Crayon Jaune.

Information on the Target

Crayon Partners has successfully completed the acquisition of 17 newly built apartments located in Southall, London. This initiative is part of Crayon Jaune, Europe’s pioneering institutional rent-to-own residential fund, marking its inaugural transaction within the UK market. The acquisition aligns with the fund’s commitment to providing alternative pathways to homeownership for households that face barriers to traditional mortgage financing.

The newly acquired homes are part of 'The Green Quarter' development, a strategically positioned project by Berkeley Group, situated just three minutes from the Southall tube station on the Elizabeth Line. This location boasts swift access to Central London and Heathrow Airport, making it particularly appealing to first-time buyers. The portfolio includes two- and three-bedroom units, each equipped with a minimum of two bathrooms and balconies, catering to the needs of families entering the housing market.

Industry Overview in the Target’s Specific Country

The residential real estate industry in the UK, particularly in London, is characterized by a pressing demand for affordable housing options. The city continues to face a housing affordability crisis, w