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Business

Starlight Investments acquires buy-to-rent apartments on Lowfield Street in Dartford town centre

By: Chris Britcher cbritcher@thekmgroup.co.uk

Published: 08:15, 26 June 2024

Updated: 12:21, 26 June 2024

A global property investment company has purchased a number of future apartment buildings being constructed as part of a major development in Dartford town centre.

Canadian firm Starlight Investments has purchased a seven-building build-to-rent community which, when complete, will include 232 apartments.

Starlight has acquired the buy-to-rent properties in Dartford - artists' impression of how it will look when complete. Picture: CNW Group/Starlight Investments

The acquisition comes after striking a deal with developer Bellway London which is delivering the Copperhouse Green project.

Being completed in three phases, Starlight will market seven mid-rise residential buildings which will include 163 parking spaces.

The site is on Lowfield Street and Heath Street and adjacent to Central Park. Also being acquired is a 3,500 sq f commercial unit located within the development.

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The deal comes as part of Starlight’s push to focus on the buy-to-rent market in the UK which also saw it acquire a development in Victoria Road, Ashford.

Daniel Drimmer, CEO of Starlight, said: “The addition of this community is part of our broader UK expansion strategy and showcases our continued momentum in the UK’s dynamic and growing buy-to-rent market.”

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