Packaged Living Grows its Investment Team
Packaged Living, the pan-UK Build to Rent (“BTR”) developer and operator, is delighted to announce the appointment of Will Skuse as Investment Manager.
Will joins the growing investment team and will be responsible for deal execution, underwriting and analysis, as well as new business origination across Packaged Living’s single-family and multi-family strategies.
Will’s appointment comes at a time of huge growth for the business, as it looks to deliver its current pipeline of 4,000 multifamily homes in major cities around the UK including Manchester, Southampton and Cardiff.
Packaged Living has also recently set a target of delivering 5,000 single-family homes over the next five years, which it will work on in partnership with Aviva Investors. The Partnership will acquire and forward fund BTR developments which will help to meet demand for affordable homes across the UK, including the South West, South East and Midlands, whilst simultaneously offering residents more sustainable and energy-efficient properties which can help support the transition to a lower carbon world.
Prior to joining Packaged Living, Will was as a senior member of the Residential Capital Markets team at Knight Frank focusing on UK BTR transactions and was responsible for providing clients with brokerage, investment advisory and consultancy services. During this time, he worked on numerous institutional grade forward funding and stabilised asset transactions on behalf of a wide-ranging client base.
Ed Ellerington, Founder and Managing Director of Packaged Living said: “We have worked with Will for a number of years and are delighted to welcome him to the team. Will brings with him a wealth of knowledge and experience in the BTR sector and will help Packaged Living to deliver its ambitious targets for growth over the coming years.”