Citra Living acquires homes at Keepmoat’s Waterside1 Dec 2023 06:02
Citra Living, the rental housing owner and operator which is part of Lloyds Banking Group, has acquired more than 60 homes from national housebuilder Keepmoat at its Waterside scheme in Leicester.
Waterside forms part of the wider regeneration of the city's waterways. It will see former industrial buildings transformed into a neighbourhood of 300 homes.
The properties Citra has acquired include eight apartments and 55 houses, from one to four bedrooms. Seven properties have already been handed over to Citra, with a further 56 due to be completed by August 2024. JLL will provide property management services for these homes.
Andy Hutchinson, managing director of Citra Living, said: "The unused brownfield site at Leicester's waterside has so much potential and, thanks to the ongoing investment from the council and others, it is set to become a vibrant new neighbourhood that will benefit the community for generations to come.
"That's what made it the perfect fit for Citra, as we continue to offer rental options where people want to live long-term, close to employment hubs and amenities. Like many other UK cities, Leicester has a striking shortage of homes available for rent, so, we're pleased to be able to support Keepmoat in replacing unused land with high-quality, sustainable homes."
https://www.insidermedia.com/news/midlands/citra-living-acquires-homes-at-keepmoats-waterside