London developer launches new brand with 20 Battersea units

A London investor-developer, has launched its Build to Rent portfolio and new brand with units at their flagship development Coda in Battersea.

A:Living, coming from Avanton Living, is Avanton’s new brand under which they will operate Build to Rent units across the capital, with the first 20 units now launched and immediately available at Coda.

During 2021 despite market challenges, Avanton successfully sold £50m of homes at the flagship tower, with just the final collection of homes and new build-to-rent portfolio remaining.

The launch of A:Living comes after Avanton announced expansion plans into the BTR sector, with several key pipeline projects alongside a £500m fund for strategic land acquisitions.

On Old Kent Road in Southwark, Avanton has consent for the £730m (GDV) Ruby Triangle project which will provide 1,414 new homes, of which circa 50 per cent will be build-to-rent.

The Farrells designed scheme will comprise residential towers, between 17 to 48 storeys in height, designed around a central park and complete with sports hall, gymnasium, retail units, workshops and studios.

Omer Weinberger, CEO of Avanton says: “The build-to-rent sector is rapidly growing across the capital and last year we committed to a three year expansion into this sector, seeking land and strategic opportunities to deliver high-quality purpose-built stock to meet the market demand.

“The launch of A:Living is an exciting step, with our pipeline developments set to further deliver a diverse portfolio of build-to-rent units for young Londoners to choose from.”