UK real estate investment manager Moorfield Group (“Moorfield”) has acquired a portfolio of 32 new-build single-family for rent houses (SFH) in Alconbury, Cambridgeshire, for £10.5 million.
The newly constructed homes, which will be operated by Moorfield, form part of a 186 home development by Morris Homes, one of the UK’s largest independently owned housebuilders. Situated in Urban & Civic’s Alconbury Weald masterplan, where over 6,500 homes in the next 15-20 years are planned, the portfolio is located near to local essential amenities, with strong public and private transport connectivity to Cambridge, Huntingdon and Peterborough.
Source: Press release sent 25th of June