Starlight Investments expands UK BTR portfolio

Global real estate investor Starlight Investments is expanding its presence in the UK's build-to-rent (BTR) market with the purchase of a new development in Maidenhead, Berkshire. 

St Cloud Way

This acquisition, made from Vistry Group's subsidiary Countryside Properties (UK) Limited, is part of the larger St Cloud Way regeneration project and increases Starlight's UK rental housing portfolio to 4,000 homes.
The development, situated in Maidenhead's town centre on the former Magnet Leisure Centre site, is currently under construction. It will feature 255 high-quality rental homes, including one-, two-, and three-bedroom apartments and townhomes, spread across three buildings ranging from four to eleven stories. Each home will have a private balcony, and residents will have access to 191 underground parking spaces. The first building is expected to be ready by December 2025, with the others following in late 2026.
Once completed, the community will offer over 697 m2 of amenities, such as a modern fitness centre, co-working spaces, resident lounges, and a landscaped garden. The design also incorporates various sustainable features.
The St Cloud Way regeneration is the largest project undertaken by the Royal Borough Development Partnership, a collaboration between the Royal Borough of Windsor & Maidenhead and Vistry Group.
Maidenhead itself is a well-regarded town known for its robust economy, excellent quality of life, and superb transport links. The development offers direct access to the high street and is close to the main train station, providing easy connections to London and the wider Thames Valley via Overground and Elizabeth line services. The town is a central employment hub for industries like technology, life sciences, and advanced manufacturing.
Jonnie Milich, head of UK Residential, Starlight Investments, said: “This acquisition reflects our continued commitment to delivering new high-quality rental housing in growing UK markets,” said “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.”
Daniel King, London Divisional chair at Vistry Group, commented: “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. Combining innovative placemaking, extensive amenity provision and future-ready design features, we look forward to working with Starlight Investments and the Royal Borough of Windsor & Maidenhead to realize the full potential of the transformative St Cloud Way regeneration scheme.”
This acquisition in Maidenhead is Starlight's tenth UK BTR purchase since it entered the market in 2023, expanding its UK portfolio to 4,000 rental units. This move further solidifies Starlight's growing footprint in key London commuter areas, following other investments like the recently announced project in Basildon.