Invesco invests in 109-home Cambridge scheme

A new housing scheme in Cambridge is set to advance with new investment.

Invesco Real Estate has made a forward commitment to acquire a 109-unit residential scheme within Marleigh Park, one of Cambridge’s largest urban developments. 

The c.£40 million deal, agreed with The Hill Group on behalf of a German separate account mandate, covers two apartment buildings due for completion in 2025 and 2026.

Located on the eastern edge of the city, Marleigh Park is set to deliver 1391 new homes alongside extensive facilities, green spaces and community facilities, forming a new self-contained neighbourhood. 

Properties within Marleigh Park incorporate high energy-efficiency features such as air-source heat pumps, photovoltaic panels, EV-charging, underfloor heating and low-carbon construction.

The Hill Group, one of the UK’s leading privately owned housebuilders, has already delivered 547 homes and a community centre as part of the first phase, with this acquisition marking its third build-to-rent transaction of 2025.

Andy Hill OBE, founder and group chief executive of The Hill Group, said: “It’s fantastic to be partnering with Invesco and Savills to bring build-to-rent homes to Marleigh Park. 

The development has already proven hugely popular in Cambridge, and I’m confident these new apartments will provide another great housing option for those looking to be part of this thriving community.”

The scheme arrives amid sustained rental demand in Cambridge, where housing supply remains constrained and graduate retention and income levels outpace regional and national averages. 

Amelia Merrick, director investments UK & Nordics at Invesco Real Estate, added: “Cambridge has become one of the UK’s most in-demand and dynamic residential markets, underpinned by its world-class university ecosystem, thriving innovation economy and strong population growth. 

“We are delighted to partner with Hill on Marleigh Park – a development that combines placemaking, design quality and sustainability in a location with enduring demand, delivering a compelling opportunity for our client.”

The Hill Group was advised by Savills.

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