UK real estate investor Long Harbour is to forward fund 105 homes near Harlow, marking its latest single-family housing (SFH) fund鈥檚 first deal.
The homes in Newhall, near the west Essex town, are the first to be acquired by Long Harbour鈥檚 latest SFH which recently secured a 拢300m seed equity commitment from South Korea鈥檚 NPS.
The vendor is Vistry Group. Both parties agreed not to disclose the financial details of the deal.
The 105 homes, acquired by the real estate investment manager, form part of the wider Newhall Masterplan comprising 2,135 units, with the first handover taking place in April 2026.
Via its latest SFH fund, Long Harbour is seeking to execute an initial deployment target of up to 拢600m of single-family housing assets, including forward funded, forward purchase and standing stock opportunities.
The fund has a total target raise of 拢1.2bn and is acquiring new-build homes across the UK, with a focus on the South, and South East of England.
Jack Spearman, managing director of single-family housing at Long Harbour, said: 鈥淭he fund鈥檚 first single-family housing investment will deliver much needed new homes as part of the Newhall Masterplan, an area with great potential for future growth given its strategic location.
鈥淭his transaction also marks the start of our ambitious deployment plans for Long Harbour鈥檚 single family housing platform, and working with strategic partners like Vistry will support our growth ambitions and build on our existing strengths across the living sector.鈥�
Will Cazaly, investment director at Long Harbour, said: 鈥淒emand for single family housing is at record highs and we hope to make an impact by plugging the gap between supply and demand. Harlow offers strong fundamentalswith its established rental market, strong rental growth, and mid-market rents attracting younger or middle-income earners who may be priced out of commuter towns closer to London.
鈥淚ts proximity to London and Cambridge, as well as the advantages it offers from the Harlow Enterprise Zone, make it an attractive location for renters.鈥�
Verity Macey, managing director at Vistry Central Home Counties, said: 鈥淭his PRS deal is the first between Vistry and Long Harbour marking an exciting new partnership with this UK based investment firm. This deal is a great addition to the mix of high-quality housing on offer across these phases of the development, helping us to provide the range of housing that local residents need. The on-site amenities already on offer, combined with those planned for future phases, provide the facilities needed to support thriving and sustainable long-term communities.鈥�
The site is located 15 minutes by train from Long Harbour鈥檚 multifamily developments in Tottenham Hale: The Sessile and The Gessner.
Way of Life, a residential lettings and management company, manages these multifamily assets, as well as Long Harbour鈥檚 single family portfolio.
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