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Lloyds-backed group and JRL form £145 million joint venture for Luton build-to-rent

Joint venture set to deliver 414-home multifamily scheme
The joint venture will fund a multi-family development spread across three blocks on Castle Street, comprising 402 private rental apartments, as well as 12 discounted market rent homes. (JRL/HGP)<br/>
The joint venture will fund a multi-family development spread across three blocks on Castle Street, comprising 402 private rental apartments, as well as 12 discounted market rent homes. (JRL/HGP)
CoStar News
September 10, 2025 | 9:56 AM

Housing Growth Partnership, the Lloyds-backed equity investor in the UK living sector, and JRL Group have formed a joint venture to deliver Luton’s first purpose-built build-to-rent scheme.

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News | Lloyds-backed group and JRL form £145 million joint venture for Luton build-to-rent