Packaged Living is shortlisted for another two awards

Mar 17, 2020 | News

Packaged Living has been shortlisted for another two awards, following the announcement of the RESI Awards shortlist.

Packaged Living is delighted to have received another two shortlistings for Newcomer of the Year and PRS Deal of the Year. The announcement comes only weeks after Property Week also shortlisted Packaged Living for two awards: Newcomer of the Year and Entrepreneur of the Year.

Packaged received their PRS Deal of the Year shortlisting for their project at Aubrey Place, Milton Keynes. Within 3 months of being established, Packaged Living secured its first deal in Milton Keynes with the project granting planning permission to develop 294 BTR apartments. When complete the development, which includes two interlinked towers of 17 storeys above ground, connected by an 11-storey link, will comprise units arranged as one, two and three-bedroom apartments.

Additionally, the building will benefit from 83 car parking spaces, 294 cycle storage facilities, a single commercial unit of 2,500 sqm and 17,324 sqm of internal and external amenity space, ranging from ground floor reception and lounge, to roof terraces, parcel storage and two compact landscaped courtyards. This is the largest BTR scheme to be brought forward in the town!

Invesco Real Estate (Invesco), the global real estate investment manager, agreed to forward-fund Aubrey Place for a total investment of £73.8M. The investment was made on behalf of Invesco Real Estate’s UK Residential programme.

The BTR scheme is situated in a prime location within Milton Keynes’s central business and retail district, one of the fastest-growing and most productive regions in the UK, and is particularly centred around high-tech and service-based employment. Being located within the Oxford-Cambridge Innovation Corridor, Milton Keynes ranks as one of the top 10 cities in the UK for research and innovation. It hosts a number of high technology businesses as well as several FTSE 100 companies, start-ups and SMEs.

Well done to all those who were shortlisted for this year’s RESI Awards. The team at Packaged Living are looking forward to the awards ceremony on 13th May at Grosvenor House.