Investment firm secures £53m financing from Investec for 293-home acquisition

The financing deal is structured to provide execution certainty and flexibility across multiple acquisitions. It also builds on an established relationship between Investec and LRC Group.

LRC Group operates around 6,800 flats through three residential funds backed by institutional capital across the UK and Ireland.

It continues to have an appetite to support both development-led and stabilised income-producing residential properties, partnering with experienced sponsors and investment managers through financing solutions, Investec said.

Investec Bank has operated in the UK since 1992. It is the banking subsidiary of Investec, a FTSE-250 listed company.

Sebastian Walley, loan originator at Investec Real Estate, said: “Building on a structure that has worked well across the relationship, Investec was able to shorten timelines and deliver the execution certainty required to support these acquisitions.

“The focus throughout has been on aligning the financing with LRC Group’s investment strategy, while enabling efficient deployment of capital as the portfolio continues to expand.”

In January, Inside Housing Living revealed the identity of an unnamed real estate investor that had bought 1,300 student homes across the UK to be giant US asset manager Nuveen.

Nuveen had entered a joint venture with London private equity firm Orka Investments to acquire an initial 1,300 student beds, with plans to keep growing the portfolio.

The partnership was launched with three off-market acquisitions in December 2025, supported by a facility from Investec.