Macfarlanes advises Dandara Living on sale of Renshaw’s Yard build-to-rent scheme to Greystar Real Estate Partners

09 October 2023

Macfarlanes has advised Dandara Living on its sale of the Renshaw’s Yard development in Staines-upon-Thames town centre to Greystar Real Estate Partners in a forward funding deal.

Dandara Living will act as developer and contractor on the project with construction due to start later this year, and completion expected in the second half of 2026. The £110m development will deliver 391 new homes, a mix of 345 private units, six private three-bedroom townhouses and 40 discounted market rent units.

Anthony Burnett-Scott, real estate partner at Macfarlanes, comments: “We are delighted to have advised Dandara Living, one of the UK’s leading build-to-rent developers, on this important project in the UK’s build-to-rent sector. This development will help meet the growing demand for high-quality rental properties in the Surrey region.”

The Macfarlanes team was led by real estate partner Anthony Burnett-Scott and senior associate Sindhuja Shriananda. Private equity real estate advice was provided by senior consultant Robert Porter, senior associate Christine McLean and associate Emily Chandler. Construction advice was provided by associate Rohan Cordeiro. Planning advice was provided by senior associate Hayley Cole.