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Oaktree and CompassRock pair up on £120m BTR deal

Oaktree Capital Management and CompassRock International have agreed a £120m build-to-rent deal with Crest Nicholson.

Oaktree has formed a strategic partnership with CompassRock International, which will asset manage the portfolio through delivery, stabilisation and long-term operations.

The partners have purchased 403 flats across three schemes in Farnham, Southampton and Walton-on-Thames.

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