CBRE Investment Management Launches Single Family Housing Strategy in Partnership with Moda Living

CBRE Investment Management (“CBRE IM”), one of the world’s leading real assets investment managers, today announced the launch of a UK Single Family Housing strategy, focussed on the development and operation of single family housing. Backed by an initial £400 million of available capital, the platform will be built on core, long-term capital.

The strategy has been established to address growing demand from residents and institutional investors for professionally managed, high-quality, attainable single family housing across the UK. The strategy targets the delivery of purpose-built homes at scale, responding to the chronic undersupply of quality rental homes.

Central to the strategy is an exclusive partnership with Moda, which will co-invest in the platform. The partnership combines CBRE IM’s significant residential platform with access to a substantial residential land bank of over 25,000 plots controlled by Moda’s parent company, Caddick Group. This is alongside the ability to leverage CBRE IM and Moda’s full operational platform to target enhanced return opportunities across both standing assets and development.

The strategy has a clear ambition to grow to £2 billion in value over time, supported by both the proprietary land pipeline and selective acquisitions from third-party housebuilders. This multi-tiered sourcing capability provides flexibility throughout cycles and will give investors the ability to access opportunities not typically available via a conventional market approach.

The Single Family Housing strategy will, in addition, benefit from CBRE IM and Moda’s established track record in delivering and operating residential communities. “Single family housing represents a compelling long term opportunity, supported by strong demand fundamentals and a chronic undersupply of high quality rental homes,” said Andrew Davey, Head of UK Residential Strategies at CBRE Investment Management. “This strategy is the result of significant engagement with our investment partners. It combines our institutional investment and asset management expertise with Moda Living’s established development and operational platform to deliver high quality, professionally managed homes at scale. We believe our approach will deliver a truly differentiated approach for both our investors and residents.”

“This partnership marks an important step in scaling the delivery of institutional-grade single family housing across the UK,” said Johnny Caddick, CEO of Moda Living. “By investing alongside CBRE IM and aligning with patient, core capital, we can take a long-term approach to delivery, bringing forward a significant pipeline of well-designed homes at scale into an underserved market with proven fundamentals. This will allow us to maintain a focus on quality and consistency, creating places designed for long-term living while supporting stable, sustainable performance for investors.”

The Single Family Housing strategy builds on CBRE IM’s long-standing residential platform investment capabilities. The firm has a 30-year track record of investing in residential real estate across Europe, with assets under management of circa €13 billion. Expertise spans affordable housing, multifamily and single family private rental housing in the UK and Europe.

The new strategy is a natural extension of CBRE IM’s successful Affordable Housing proposition, which has delivered over 3,000 homes across the UK with a total net asset value of approximately £700 million. The firm also has two other dedicated residential strategies. In addition, in the Netherlands, CBRE IM is building a residential portfolio of over €1 billion on behalf of APB, one of the world’s largest pension funds, further evidencing the firm’s depth of residential investment capability across Europe.

About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $155.2 billion in assets under management* as of March 31, 2026, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.

About Moda Living and Caddick Group
Moda Living is a leading developer, investor and operator in the UK rental living sector, working with global institutional capital to deliver build-to-rent, purpose-built student accommodation and single-family housing. With £2bn of assets under management and £1.1bn under construction, Moda provides a fully integrated platform to source, deliver and operate high-quality rental homes across the UK.

Moda Living is wholly owned by Caddick Group, one of the UK’s largest privately owned property and construction businesses. Established in Yorkshire over 45 years ago, Caddick delivers projects through an integrated model spanning land, development, construction and operations, with a current pipeline of 21m sq ft of employment space and 34,000 homes (GDV £9.8bn).