Bangor-based Watkin Jones is to deliver the first built to rent (BTR) development in Northern Ireland after striking a forward financing deal for the near 800 new home scheme.
The Alternative Investment Market listed firm and the UK’s leading developer and manager of residential for rent - in partnership with Lacuna Developments- has secured £155m from L&G and Clanmil Housing Association for the Loft Lines scheme at Belfast’s waterfront Titanic Quarter.
It will provide 627 BTR apartments and 151 affordable homes, ranging from studio to three bedroom apartments. The Titanic Quarter was previously home to world leaders in innovative engineering and was a hub for the renowned shipbuilding company, Harland and Wolff.