CBRE teams up with Moda on £400m investment fund
CBRE Investment Management has launched a new £400m residential investment platform to speed up delivery of purpose-built single-family rental housing across the UK, with the Midlands identified as one of the key target regions.
The new open-ended fund, CBRE UK Single Family Housing Partners, will focus on the development and long-term operation of professionally managed rental homes, responding to what the group describes as a structural undersupply of high-quality family housing in major UK markets.
The strategy has been designed to scale significantly, with ambitions to grow to around £2bn in value over time, supported by a mix of development activity and selective acquisitions from the wider housebuilding market.
A key plank of the strategy is an exclusive link-up with Moda Living, which will co-invest in the fund and help deliver schemes through its development and operational capability. Moda’s parent company, Caddick Group, also brings a substantial land pipeline of more than 25,000 plots into the structure, providing a long-term development pipeline across UK regional cities.
“Single family housing represents a compelling long‑term opportunity, supported by strong demand fundamentals and a chronic undersupply of high‑quality rental homes,” said Andrew Davey, Head of UK Residential Strategies at CBRE Investment Management.
“CBRE UK Single Family Housing Partners is the result of significant engagement with our investment partners. It combines our institutional investment and asset management expertise with Moda Living’s established development and operational platform to deliver high‑quality, professionally managed homes at scale. We believe our approach will deliver a truly differentiated approach for both our investors and residents.”
The fund is expected to target key growth corridors outside London, with the Midlands highlighted as a core area for expansion, reflecting both affordability pressures and sustained demand for professionally managed rental accommodation.
“This partnership marks an important step in scaling the delivery of institutional-grade single family housing across the UK,” said Johnny Caddick, CEO of Moda Living.
“By investing alongside CBRE IM and aligning with patient, core capital, we can take a long-term approach to delivery, bringing forward a significant pipeline of well-designed homes at scale into an underserved market with proven fundamentals. This will allow us to maintain a focus on quality and consistency, creating places designed for long-term living while supporting stable, sustainable performance for investors.”
