Vistry Group, Sigma Capital to deliver 5,000 new homes in major BTR expansion

Vistry Group and Sigma Capital Group have announced a pivotal Framework Agreement to deliver an impressive 5,000 build-to-rent (BTR) homes over the next five years, marking a significant expansion in the UK’s housing sector. This collaboration will see Countryside Partnerships, part of Vistry Group and a leading mixed-tenure developer in the UK, teaming up with Sigma Capital Group, a front-runner in the build-to-rent market specializing in single-family housing, to supply new homes for Sigma’s BTR brand, Simple Life Homes.

The agreement enhances the longstanding partnership between Vistry and Sigma, with Countryside Partnerships playing a crucial role in Sigma’s BTR delivery program since 2014. This strategic move is designed to support both companies’ growth ambitions by setting a clear roadmap for expansion within a specific framework and timeline. The initiative aligns with Vistry’s model of delivering a diverse mix of housing tenures essential for crafting long-term and sustainable neighborhoods across various UK regions.

Greg Fitzgerald, CEO of Vistry Group, emphasized the importance of the partnership, stating, “This framework agreement with Sigma is another great example of how our Partnerships model can deliver at scale the mix of housing tenures that residents across the UK desperately need.” This statement underscores Vistry’s commitment to addressing the UK’s housing needs through high-quality build-to-rent homes, integral to its mixed-tenure communities.

Graham Barnet, CEO and Founder of Sigma Capital Group, expressed enthusiasm about extending their relationship with Vistry, noting the successful delivery of over 8,500 new family homes across the UK since 2014. Barnet highlighted the ongoing construction of more than 3,500 homes, showcasing the effectiveness of their partnership in meeting the demand for BTR family housing. Sigma’s track record of 98% occupancy and high customer review scores exemplifies the demand for quality rental housing.

This collaboration between Vistry Group and Sigma Capital Group sets a precedent for future housing projects, focusing on sustainability, community integration, and providing a variety of housing options to meet diverse needs. The partnership not only addresses the immediate demand for more homes but also contributes to the broader goal of developing environmentally friendly and cohesive communities.