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Rendering of build-to-rent development in Maidenhead, England. Image: CNW Group/Starlight Investments.

Starlight Expands U.K. Rental Housing Portfolio to 4,000 Homes

Starlight Investments has acquired a build-to-rent development in Maidenhead, England, expanding its United Kingdom portfolio to 4,000 rental homes.

The project, part of the St Cloud Way regeneration scheme, will deliver 255 apartments across three buildings with private balconies, underground parking, sustainability features, and more than 7,500 square feet of amenity space, including a fitness centre, co-working areas, resident lounges and a landscaped podium garden, said Toronto-based Starlight. The first phase, comprising 73 homes, is slated for completion in December 2025, with the remainder targeted for the fourth quarter of 2026.

Located in Maidenhead’s town centre on the former Magnet Leisure Centre site, the community will offer one- to three-bedroom units, including townhomes, with proximity to the high street and a short walk to the main rail station, connecting residents to London and the Thames Valley via Overground and Elizabeth line services.

“This acquisition reflects our continued commitment to delivering new high-quality rental housing in growing U.K. markets,” said Jonnie Milich, Starlight’s head of U.K. residential business. “Maidenhead’s connectivity, economic strength, and regeneration vision make it an ideal location for long-term investment and community building and is an exciting addition to our commuter belt strategy.”

The project is being advanced through the Royal Borough Development Partnership, a joint initiative of the Royal Borough of Windsor & Maidenhead and Vistry Group.

“This deal exemplifies our partnership-led approach, working with institutional investors and public sector partners to deliver high-quality rental communities in resilient, well-connected locations,” said Daniel King, London divisional chair at Vistry.

The purchase marks Starlight’s 10th U.K. build-to-rent acquisition since the company entered the market in 2023, reinforcing its expansion strategy across key London commuter-belt communities.

Pictured: Starlight’s newly purchased build-to-rent project in Maidenhead, England.

Photo: CNW Group/Starlight Investments

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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