Behind Atlas’s £300m UK BTR drive

Atlas Residential is to invest £300m in UK build-to-rent products as part of a global rental push to acquire development opportunities and distressed assets. The BTR investor-operator has announced a Hong Kong-based joint venture with a $1bn investment to create a global BTR portfolio. Atlas Residential Holdings (Hong Kong) Ltd has allocated 65% of funds to the US, 20% to China and 15% to the UK market. An equity investment of £121m with debt will give Atlas more than £300m for acquisitions in the UK, said Atlas chief executive Steven Ivankovich. “The focus is population and job growth centres, where