CBRE IM and Moda acquire 222‑home South East portfolio new single‑family housing platform

CBRE Investment Management has completed the acquisition of a 222‑home single‑family housing portfolio in the South East of England from Bellway, marking the seed investment for its newly launched CBRE UK Single Family Housing Partners (SFHP) strategy, established in partnership with Moda Living.

Fallow Wood

The portfolio, valued at over £15 million, comprises a mix of completed homes and forward‑funded development across Stevenage, Milton Keynes and Burgess Hill, with all units scheduled for delivery by end‑2027. The sites sit within established residential markets with strong transport links, access to major employment centres and high‑quality local amenities. The homes, predominantly two and three‑bedroom are designed for family renters and long‑term occupiers, and will be operated by Moda Living.
The acquisition forms the first deployment of capital from SFHP, which launched earlier this year backed by £400 million of available capital and long‑term institutional investors. The platform aims to scale to £2 billion, targeting structurally undersupplied UK markets and offering investors access to a growing, resilient rental segment.

Tom James, Head of UK Transactions at CBRE IM, said the deal is “a great first step in growing our single‑family housing fund,” adding that the partnership with Moda is designed to deliver at scale and generate sustainable long‑term income.
Moda CEO Johnny Caddick said demand for professionally managed rental homes “continues to outstrip supply,” noting that the partnership and Caddick Group’s land pipeline position the platform to expand rapidly.

Bellway’s Regional Chair Ian Gorst said the transaction reflects confidence in the strength of the three communities and praised the partnership as CBRE IM and Moda launch their new UK Single Family BTR fund.

TT&G Partners and CBRE advised CBRE IM, while Savills advised Bellway.