Bricklane harnesses technology to unlock investment in residential property at scale. Using Compass, its proprietary technology platform, it has industrialised the investment process from end-to-end, executing granular transactions that fly below the radar of other professional investors to create a sustainable edge for its partners.
The Boodle Hatfield team worked with Bricklane on their recent £600m joint venture with the Moorfield Group. The deal is reportedly the largest tech-driven investment in UK residential property to date.
The JV aims to acquire around 2,000 one to four bedroom houses and flats over a 24 month period with an initial focus on London, Bristol and the South East. Using Bricklane’s technology, the JV targets attractive sub-markets with deep granularity, using unique bottom-up data to acquire rental properties that are expected to outperform in those areas at an unprecedented scale. Once units are acquired, the JV grows income and capital values through active asset management and refurbishment, with the aim of delivering a professional, high quality proposition for tenants.