Sigma buys 120 homes at Vistry’s St Helens brickworks

The suburban build-to-rent specialist has acquired the properties as part of a wider 415-home deal.

Sigma Capital Group has bought 120 homes from Vistry, which acquired the 20-acre former Ibstock Roughdales brickworks in St Helens from Backhouse Developments for £12m last year. The site has consent for 247 in total.

Sigma has also bought homes from Vistry at Top Wighay Farm in the East Midlands, Sutton Road in Maidstone and Womersley Road in Knottingley, Yorkshire.

Vistry will build the homes and, when completed, the new developments will be wholly owned by Sigma Capital as well as being leased and managed by its internal Simple Life Team.

Graham Barnet, chief executive of Sigma Capital said: “We recently celebrated a decade in single-family build-to-rent and this latest round of acquisitions shows that we are still consistently innovating and adding to our growing portfolio.

“With these four new sites, we’re not only expanding our footprint across key regions, but also enhancing the quality of the homes we deliver, working with our trusted partners. Our current pipeline of opportunity now sits at over £5bn GDC throughout the UK, confirming our position as the leading single-family housing provider in the country.”

Stephen Teagle, chief executive for partnerships and regeneration at Vistry Group, said: “We’re delighted to see this further extension of our long-standing partnership with Sigma Capital to deliver high-quality, professionally managed rental homes across the UK. These new developments reflect our shared commitment to accelerating housing delivery through diverse tenures, meeting local needs, and supporting the Government’s housing ambitions.”