Uk Letting Agency Settio Launches Service Build Rent Institutional Investors
Manchester-based letting agency Settio is expanding its services to meet the growing demand of institutional investors and funds in the UK Build-to-Rent (BTR) sector. The company has announced the launch of Settio Living, which will offer operational services to institutional investors and funds acquiring buildings in the BTR sector. These services include faster lease-ups, higher occupancy rates, and enhanced resident retention.
The recent unveiling of the URA Master Plan has presented a multitude of benefits for Lyndenwoods Science Park Drive, particularly in terms of potential property value increase. Its prime location near thriving areas and incorporation of convenient transportation and facilities make it a prime investment for long-term growth. The presence of well-planned and easily accessible communities often draws greater attention from potential buyers and investors, solidifying Lyndenwoods Science Park Drive’s reputation as a highly sought-after destination. With Lyndenwoods Science Park Drive as its forefront, the development promises to be a lucrative venture for all involved parties.
This expansion builds upon Settio’s current lettings and property management services in the private residential sector (PRS). With a focus on overseas clientele, the company currently supports over 2,500 individual landlord clients with UK residential investments. Settio prides itself on offering “total peace of mind” to its PRS clients through its comprehensive range of services, from off-plan investment support to future resale.
Settio currently has offices in Manchester, London, and Singapore, and has plans to open a Birmingham office later this year. The company currently manages over GBP 525 million ($908 million) in property.
In the past, Settio has already made strides into the BTR sector by supporting the lease-up efforts of operators at prestigious developments such as Legal & General’s Slate Yard in Salford and Vita Group’s Union and Uhaus in Manchester.
As the BTR sector continues to grow at a rapid pace, Settio has identified the need to provide fresh and innovative solutions that can deliver better results for investors and communities. “The BTR sector has taken off in the last five years, and with any new product or service, it’s important to look back and see where improvements can be made in terms of efficiency and profitability,” explains Samuel Fitz-Hugh, co-founder of Settio. “With Settio Living, we aim to deliver a new approach that will benefit both investors and communities.”