Hearthstone Investments, an investment manager focused on affordable private rented housing in the UK, has completed the deployment of its £152m Hearthstone Residential Fund 2 (“HRF2”) with a duo of transactions.
Over the last month, a transaction for 45 new houses in Exmouth exchanged with a regional developer, in addition to an acquisition in Newcastle with a national housebuilder.
Source: press release sent 12 March 2024