Build to Rent

Our Build to Rent (BTR) team is at the heart of the private rented sector in Scotland, with almost £1bn in assets under management. We provide a comprehensive range of BTR services and have the research expertise, experience and network to make Build to Rent work north of the border.

Testimonials

We are delighted with the outcome of this initiative. Rettie & Co brought us the investment proposal, backed by detailed analysis and research. Their team has delivered on the project on time and on budget. The exceptional demand for the homes that have been built underpins the viability of this type of collaborative development, which is delivering precisely the long-term yields our institutional investors are looking to achieve, as well as developing the available site at Western Harbour to the benefit of the local community. Stuart Paterson, Chief Financial Officer at Forth Ports
PfP Capital are delighted to be working with Rettie & Co. The firm’s extensive development experience, exceptional research base and track record in organising the funding and delivery of mid-market rent homes in Scotland over the last 5 years makes them a natural fit as advisor to PfP Capital’s mid-rent fund.” Chris Jones, Managing director, PfP capital
Rettie and Co's deep multi-layered understanding of Scotland's housing market has been vital in supporting this deal. The firm's market leading position, strategic thinking and its understanding of the legislative and political context was vital in supporting such a major milestone for Moda Living and for Edinburgh's property market. Tony Brooks, Managing Director, Moda Living Ltd
Since partnering with Rettie & Co. in mid-2016, Pinnacle Places has been nothing less than impressed with the way they have conducted the day-to-day management of the Greenlaw Park site in Newton Mearns. Led by Portfolio Manager Katrina Westhead, under the supervision of Letting Manager Grace Reilly, Rettie has been both attentive and conscientious to tenants' needs and to Pinnacle Group's business needs as a whole. We very much look forward to a continued and productive working relationship in the future. Nick Marston, Property Manager, Pinnacle Places
The team at Rettie supported us throughout our Promotion of Edinburgh's Garden District. Their recent analysis of Phase 1 Redheughs Village played an important part in us securing a positive planning result. Jestyn Davies, Managing Director

Our expertise

COLLABORATIONS

We welcome the opportunity to work with other businesses that we recognise as innovative, that share our passion for customer service excellence, and who support us in delivering best in class BTR services for both clients and residents. This includes investing in innovative PropTech that we have identified as being best in class in the sector.

Featured Case Study: Western Harbour

Western Harbour, Edinburgh

Forth Ports tasked Rettie & Co. with delivering a full 2,230 home masterplan to create a viable, long term, asset backed income stream despite onerous and costly infrastructure requirements.
The infrastructure requirements of the project include a 4.4ha park, 670m of quay wall, and widespread surcharging. Full delivery of the site required innovative solutions. Rettie & Co. have delivered 230 homes in phase zero to huge demand. Wrapping phase one and phase two as a 1,600 home, 25 year + rental portfolio, improves viability and leaves 400+ homes for future use.

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Featured Case Study: Western Harbour

PfP Capital MMr fund

PfP Capital MMr fund

Rettie & Co. have been appointed as property adviser to PfP Capital’s £150m mid-rent fund. Our role is to source 1,000 homes suitable for mid-rent investment, providing analysis, reporting and deal structuring.

The Fund will consider and secure appropriate development opportunities for throughout Scotland.

Rettie & Co. have identified a pipeline of development opportunities which will enable the fund to meet its initial target of 1,000 homes, with a number of these already benefitting from planning consent and agreement in principle with landowners and developers. The fund made its first acquisition in March 2019, with more following in Q2 2019.

Harbour Point

Harbour Point

Western Harbour, Edinburgh

Our brief from the client, Forth Ports, was to help deliver a long-term rental-backed asset.
Our services included; project development on behalf of the landowner, sourcing funding streams for the construction and operational phases, 3,650 applicants for 96 properties, lease up, on-going management, and 10 year interest only funding.
Rettie & Co. oversaw the delivery of the units over 2016 and are currently managing this MMR property on behalf of Forth Ports. Harbour Point is fully occupied with a current void rate of <0.5%.
The success of this project led to us being retained to develop a further 138 units, commenced in February 2017.

Holland Park

Holland Park

Pitt Street, Glasgow

We worked with Moda Living Apache C.P. to deliver a a mix of Studios and 1-3 bedroom homes.

We conducted a review of Glasgow residential sales, lettings, student housing and serviced apartments markets, and analysed development options through site appraisals to inform on potential risk-reducing strategies.

Harbour Gateway

Western Harbour, Edinburgh

Harbour Gateway forms the second stage of community building at Western Harbour by Forth Ports and consists of two adjacent sites that providing Mid Market Rental homes. The 138 homes were delivered under the NHT funding package Rettie & Co. arranged for Forth Ports and are managed and maintained by our BTR team as part of the wider portfolio of properties at Western Harbour.
The ambition for Western Harbour is to draw on exemplary placemaking to create a community attractive to both residents and visitors. Harbour Gateway forms the entrance to the new masterplan which will add parkland, shops, a new school and waterfront promenade to the existing amenities of sports centres, restaurants and shops. Visit our dedicated portal to find our more.

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Harbour Gateway

Sailmaker Apartments

Leith, Edinburgh

We worked on behalf of Teague Homes. Rettie & Co lined up a £15.2m 10-year Interest Only debt package through the National Housing Trust to underwrite the construction of 145 flatted units.

The sale of the completed Investment Asset was pre-agreed in advance of construction commencing, and the project is now complete and fully let.

Sailmaker Apartments

Shrubhill

Shrubhill

Edinburgh City Centre

We worked on behalf of Places for People for a site acquisition.

The project is on-site with construction well underway. Rettie & Co. maintain an on-going role assisting the developer with the arrangement and roll out of a rental re-financing package for 150 properties.

Croftfoot St. Julie's

Southside, Glasgow

For the Wheatley Group, analysis and creation of financial models for client.

This award winning development is complete and fully let. Rettie & Co. have been retained to analyse and create financial models for 28 homes and 4 flats for mid market rent and a shared equity sale during the project appraisal stage.

Croftfoot St. Julie's

Springside

Fountainbridge, Edinburgh


"Rettie and Co.'s deep multi-layered understanding of Scotland's housing market was vital in supporting this deal. The firm's market leading position, strategic thinking and its understanding of the legislative and political context was vital in supporting such a major milestone for Moda Living and for Edinburgh's property market." - Tony Brooks


Springside

Brunstane Apartments

Brunstane Apartments

West Edinburgh

On behalf of Dunedin Canmore we created a new model to release the potential of a moth-balled site.

Rettie & Co. co-ordinated a rental guarantee to unlock finance, through collaboration between local council, government and developers, delivering the client a long-term rental-backed asset.

Agnes Hunter's Trust Residential Portfolio

Leith, Edinburgh

We were commissioned to manage a substantial BTR residential portfolio on behalf of the A H Hunter's Charitable Trust.

Our services included the provision of disposal advisory services to assist in the reallocation of the Trust's assets; managing and facilitating a successful investment asset disposal, as well as covering a high profile, sensitive portfolio, requiring careful reputational risk management.

Agnes Hunter's Trust Residential Portfolio

Awards

Crail

Crail

Crail, Fife

Rettie and Co. are the Managing agent for Stewart Milne. Our role is to oversee the management of the 62 properties to ensure that we have low voids and rent arrears.

We work closely with their external maintenance firm to ensure efficient delivery of repairs and maintenance. This is one of a number of satellite portfolios that Rettie & Co manage where the homes are located in rural areas.


Marchfield

Marchfield, Dumfries

Our role at Rettie & Co as managing agent is to oversee the management of the 69 units ensuring that we keep rent arrears and voids to a minimum. We have worked closely over the last 4/5 years with their in house customer service team to ensure that all repairs and maintenance are actioned and completed within a tight timeframe.

Marchfield