Start Living - Ascend Properties

Ascend has been appointed as the third-party operator for Start Living, a single-family BTR portfolio in the UK.

A joint venture with TPG, via their European Real Estate Fund (TREP III), and Gatehouse Investment Management, the portfolio has been under Ascend’s management since Q1 2023.

The first phase of the portfolio will consist of c. 600 private-rental homes across 9 developments within the North West, Yorkshire and Humber, East Midlands and West Midlands.

Start Living offers 2-, 3- and 4-bedroom rental properties in areas that provide a high level of family amenities.

600

Homes in phase 1

9

Developments in phase 1

£100m+

Investment

Marketed and white-labelled under the ‘Start Living’ brand, Ascend is the sole lettings and property management partner for the portfolio and has setup a dedicated team to manage this and increase profitability for the fund.

Ascend has an unrivalled track record in the single-family BTR sector, making it the natural choice for Start Living. Having seen first-hand the expertise, proprietary tech and understanding Ascend brings to its instructions, we look forward to it helping Start Living deliver a genuinely market-leading service to our occupiers.

Paul Stockwell, Managing Director of Gatehouse Investment Management

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