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Hearthstone Residential Fund 1 Makes First Acquisition

Hearthstone Residential Fund 1 Makes First Acquisition.
£24.325 million deployed in private rented sector in UK regions.
London, 5 February 2018 - Hearthstone Investment Management Limited, a property focused institutional investment manager, has announced its first acquisition for Hearthstone Residential Fund 1 (HRF1), a private equity vehicle investing into the UK’s private rented sector which had its first close in December 2017.
HRF1 is acquiring a portfolio of 171 homes, which was purchased for £24.325 million from the Vista UK Residential Real Estate Fund, managed by Hermes Investment Management and Countrywide Plc.

The full press release can be downloaded here.

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