US apartment investor Atlas Residential has created a new UK rental management company through a merger with Wildheart Residential Management.
Atlas has operated more than 70,000 apartments since 1992 with a transaction value in excess of $7bn (£5.6bn). Since entering the UK market through a tie-up with Rockspring, it has bought two sites in Southampton and Birmingham with 613 units.
Wildheart manages about 3,000 apartments in the UK, though large-scale private rental portfolios, block management and facilities maintenance.
