Blackstone Acquires 1,750 UK Homes in £580m Deal with Vistry
US private equity giant Blackstone expands its UK rental portfolio, aiming to address housing shortages with a focus on suburban family homes.
- Blackstone's latest acquisition with Vistry brings its total investment in UK homes to £1.4bn in under a year.
- The deal includes homes in the South East, managed by Blackstone's Leaf Living subsidiary.
- Institutional investors are increasingly targeting the UK's undersupplied rental market as private landlords exit.
- UK rental prices have surged, with London seeing a 10.8% year-on-year increase in April.
- Vistry aims to deliver over 18,000 new homes this year, bolstered by pre-sale agreements like this one.