{"id":4687,"date":"2019-10-30T15:47:59","date_gmt":"2019-10-30T15:47:59","guid":{"rendered":"https:\/\/www.citylets.co.uk\/blog\/?p=4687"},"modified":"2019-10-30T15:48:00","modified_gmt":"2019-10-30T15:48:00","slug":"new-partnership-to-boost-home-supply-in-the-scottish-prs","status":"publish","type":"post","link":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/","title":{"rendered":"New Partnership to Boost Home Supply in the Scottish PRS"},"content":{"rendered":"<p>Hundreds of new Build To Rent homes are to be delivered by Springfield Properties in partnership with Sigma. This collaboration between the Scottish housebuilder and the urban regeneration specialist who focuses on <a href=\"https:\/\/www.citylets.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">family homes<\/a>, will see a number of new developments in Scotland\u2019s key cities over the coming years. These new homes in Dundee, Edinburgh, Perth, Stirling and Inverness will be Springfield\u2019s first purpose built for the private rented sector, with the majority being erected on the group\u2019s village developments.<\/p>\n<h4><strong>Partners in housing<\/strong><\/h4>\n<p>As part of the agreement and subject to meeting certain criteria, Sigma will acquire part of the Springfield\u2019s sites on which the housebuilder will then deliver housing for the private rented sector. The homes will be built under fixed-cost design and build contracts. Once completed, they will be let and managed by Sigma under its \u2018Simple Life\u2019 brand.<\/p>\n<p>Innes Smith, Chief Executive Officer of <a href=\"https:\/\/www.springfield.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Springfield Properties<\/a>, said: \u201cWe are proud to be chosen by Sigma as their first partner in Scotland to deliver homes for the private rented sector. Like Springfield, Sigma focuses on providing the high-quality family homes that are the heart of successful communities.\u201d<\/p>\n<p>He added: \u201cThis agreement stands to accelerate our delivery of homes, particularly on village developments, and we expect it to provide a further revenue stream, alongside our existing private and affordable housing activity, with good visibility over cash flows. It will also increase the number of homes available in the private rented sector and contribute towards our goal of ensuring that everyone within Scotland has a great place to live.\u201d<\/p>\n<p><a href=\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/innes-smith-ceo-of-springfield-properties\/\" rel=\"attachment wp-att-4688\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4688\" src=\"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties.jpg\" alt=\"\" width=\"839\" height=\"602\" \/><\/a><\/p>\n<p>Commenting on the partnership, Graham Barnet, Chief Executive Officer of <a href=\"https:\/\/www.sigmacapital.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Sigma<\/a>, said: \u201cWe are delighted to announce this major partnership with Springfield, one of Scotland\u2019s leading housebuilders.\u00a0It targets the construction of hundreds of new homes for families across Dundee, Edinburgh, Inverness, Perth and Stirling, which include the key locations of Springfield\u2019s Village sites. Once built, our homes will be let under Sigma\u2019s \u2018Simple Life\u2019 lettings brand.\u201d<\/p>\n<p>He added: \u201cSpringfield has a well-established reputation for delivering quality homes in Scotland and this partnership brings significant benefits for both sides, especially in accelerating the rate at which mixed tenure sites can be developed. We look forward to working with Springfield as we develop the partnership and extend our model in Scotland.\u201d<\/p>\n<h4><strong>Sigma Scottish PRS Fund<\/strong><\/h4>\n<p>The collaboration agreement follows the launch of the Sigma Scottish PRS Fund earlier this year, with initial resources of \u00a343 million, including a revolving credit facility of \u00a330 million from the Scottish Government\u2019s Building Scotland Fund. The Sigma Scottish PRS Fund focuses on delivery of new family homes in the private rented sector in the country.<\/p>\n<p><a href=\"https:\/\/www.citylets.co.uk\/mobile\/\" target=\"_blank\" rel=\"attachment noopener wp-att-2791 noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2791\" src=\"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2017\/05\/latest-apps.png\" alt=\"latest-apps\" width=\"618\" height=\"85\" srcset=\"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2017\/05\/latest-apps.png 618w, https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2017\/05\/latest-apps-400x55.png 400w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hundreds of new Build To Rent homes are to be delivered by Springfield Properties in partnership with Sigma. This collaboration between the Scottish housebuilder and the urban regeneration specialist who focuses on family homes, will see a number of new developments in Scotland\u2019s key cities over the coming years. These new homes in Dundee, Edinburgh, &#8230;<\/p>\n","protected":false},"author":1,"featured_media":4717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[175,1],"tags":[549,96,550,551],"class_list":["post-4687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-build-to-rent","category-property","tag-btr","tag-prs","tag-sigma","tag-springfield-properties","build-to-rent","property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>New Partnership to Boost Home Supply in the Scottish PRS - Citylets blog<\/title>\r\n<meta name=\"description\" content=\"Hundreds of new build to rent homes are to be delivered in Scotland\u2019s key cities by Springfield Properties in partnership with Sigma over the coming years.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"New Partnership to Boost Home Supply in the Scottish PRS - Citylets blog\" \/>\r\n<meta property=\"og:description\" content=\"Hundreds of new build to rent homes are to be delivered in Scotland\u2019s key cities by Springfield Properties in partnership with Sigma over the coming years.\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Citylets blog\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citylets\/\" \/>\r\n<meta property=\"article:published_time\" content=\"2019-10-30T15:47:59+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2019-10-30T15:48:00+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\r\n\t<meta property=\"og:image:height\" content=\"1540\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\r\n<meta name=\"author\" content=\"admin\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:creator\" content=\"@Citylets\" \/>\r\n<meta name=\"twitter:site\" content=\"@Citylets\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/\",\"url\":\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/\",\"name\":\"New Partnership to Boost Home Supply in the Scottish PRS - Citylets blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg\",\"datePublished\":\"2019-10-30T15:47:59+00:00\",\"dateModified\":\"2019-10-30T15:48:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/#\/schema\/person\/f63c94bc220848b291230def7f6966d0\"},\"description\":\"Hundreds of new build to rent homes are to be delivered in Scotland\u2019s key cities by Springfield Properties in partnership with Sigma over the coming years.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#primaryimage\",\"url\":\"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg\",\"contentUrl\":\"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg\",\"width\":2560,\"height\":1540},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.citylets.co.uk\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Partnership to Boost Home Supply in the Scottish PRS\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/#website\",\"url\":\"https:\/\/www.citylets.co.uk\/blog\/\",\"name\":\"Citylets blog\",\"description\":\"Home of Scottish Letting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.citylets.co.uk\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/#\/schema\/person\/f63c94bc220848b291230def7f6966d0\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.citylets.co.uk\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bbb6ab7969d932599a8f5b81401280f75ccd6aada91a5a1450237d6d75ab945b?s=96&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bbb6ab7969d932599a8f5b81401280f75ccd6aada91a5a1450237d6d75ab945b?s=96&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/www.citylets.co.uk\"],\"url\":\"https:\/\/www.citylets.co.uk\/blog\/author\/admin\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Partnership to Boost Home Supply in the Scottish PRS - Citylets blog","description":"Hundreds of new build to rent homes are to be delivered in Scotland\u2019s key cities by Springfield Properties in partnership with Sigma over the coming years.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/","og_locale":"en_US","og_type":"article","og_title":"New Partnership to Boost Home Supply in the Scottish PRS - Citylets blog","og_description":"Hundreds of new build to rent homes are to be delivered in Scotland\u2019s key cities by Springfield Properties in partnership with Sigma over the coming years.","og_url":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/","og_site_name":"Citylets blog","article_publisher":"https:\/\/www.facebook.com\/citylets\/","article_published_time":"2019-10-30T15:47:59+00:00","article_modified_time":"2019-10-30T15:48:00+00:00","og_image":[{"width":2560,"height":1540,"url":"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_creator":"@Citylets","twitter_site":"@Citylets","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/","url":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/","name":"New Partnership to Boost Home Supply in the Scottish PRS - Citylets blog","isPartOf":{"@id":"https:\/\/www.citylets.co.uk\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#primaryimage"},"image":{"@id":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#primaryimage"},"thumbnailUrl":"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg","datePublished":"2019-10-30T15:47:59+00:00","dateModified":"2019-10-30T15:48:00+00:00","author":{"@id":"https:\/\/www.citylets.co.uk\/blog\/#\/schema\/person\/f63c94bc220848b291230def7f6966d0"},"description":"Hundreds of new build to rent homes are to be delivered in Scotland\u2019s key cities by Springfield Properties in partnership with Sigma over the coming years.","breadcrumb":{"@id":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#primaryimage","url":"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg","contentUrl":"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg","width":2560,"height":1540},{"@type":"BreadcrumbList","@id":"https:\/\/www.citylets.co.uk\/blog\/new-partnership-to-boost-home-supply-in-the-scottish-prs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.citylets.co.uk\/blog\/"},{"@type":"ListItem","position":2,"name":"New Partnership to Boost Home Supply in the Scottish PRS"}]},{"@type":"WebSite","@id":"https:\/\/www.citylets.co.uk\/blog\/#website","url":"https:\/\/www.citylets.co.uk\/blog\/","name":"Citylets blog","description":"Home of Scottish Letting","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.citylets.co.uk\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.citylets.co.uk\/blog\/#\/schema\/person\/f63c94bc220848b291230def7f6966d0","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.citylets.co.uk\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bbb6ab7969d932599a8f5b81401280f75ccd6aada91a5a1450237d6d75ab945b?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bbb6ab7969d932599a8f5b81401280f75ccd6aada91a5a1450237d6d75ab945b?s=96&r=g","caption":"admin"},"sameAs":["https:\/\/www.citylets.co.uk"],"url":"https:\/\/www.citylets.co.uk\/blog\/author\/admin\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.citylets.co.uk\/blog\/wp-content\/uploads\/2019\/10\/Innes-Smith-CEO-of-Springfield-Properties-resized-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4687"}],"version-history":[{"count":3,"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4687\/revisions"}],"predecessor-version":[{"id":4718,"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4687\/revisions\/4718"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/media\/4717"}],"wp:attachment":[{"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.citylets.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}