Taurus UK

Eda is over 60% let! 📈 Our build to rent development in Salford Quays, Eda, has hit a benchmark goal with over 60% occupancy. We received over 500 enquiries within a week of opening and continued to gain interest having received multiple accolades in recent weeks. Eda has quickly become a landmark of the Salford Quays skyline, being the highest residential tower in the sought-after area. This has been achieved with our partners, Cole Waterhouse while our construction partners Domis Construction helped to bring the design visions of Chapman Taylor into reality.

It was great to welcome our colleagues from Munich to our London office before showing them around our award winning BTR development, Eda.   Our shared achievements and collaboration continue to build the dynamic organisation that is Taurus

🥇Eda Crowned Insider’s BTR Development of the Year🥇 The build to rent development in Salford Quays, created in partnership with Cole Waterhouse, was crowned development of the year at the North West Business Insider Media Residential Awards. “We have great partners therefore it is a great partnership” - Nick Jacobs said on the recognition of Taurus UK and Cole Waterhouse joining forces for Eda. Described as “groundbreaking [BTR] in the North of England”, Eda offers a blend of apartment sizes and tenures, receiving over 500 enquiries in the first four days. Designed by Chapman Taylor and constructed by Domis Construction, the landmark BTR development is the highest residential tower on the Salford Quays skyline, with 290-bedrooms across the 29-stories, a gym and wellness Studio, two landscaped terrace gardens, plus private terraces for each rooftop penthouse apartment. The development has also received HomeViews score of 5 out of 5. Very impressive right? Eda offers a co-working space, lounges, cinema room, bookable private dining and entertaining facilities alongside a dedicated on-site concierge and management team.

🏡 Positive Shift in UK House Prices: Knight Frank Reverses Predictions 📈 7% SWING   Knight Frank, has flipped its outlook on UK house prices. In October, this expert forecast a 4% decline for 2024, but today's view is a 3% increase this year. Thanks to a faster-than-expected fall in inflation and mortgage rate cuts, the market is witnessing increased activity, more listings, and a rise in asking prices. This is a massive shift both from negative to positive and with a 7% swing. They also talk of a turning point in the market.   This is interesting that a serious forecaster is implying a V shape recovery. They also urge caution with so much world uncertainty and a threat of Red Sea led inflation. So perhaps we should keep watching before concluding. Or maybe we should be taking action?   Always an interesting market when views are changing. https://lnkd.in/g6DjWMpZ

🏆 Exciting News: Taurus' BTR Scheme in Salford Quays, Manchester, Voted #1 in the Country! 🏆   Quoting from React News: “Of course, there can only be one top UK scheme, and that’s the recently opened Eda, or Erie Dock Apartments, in Salford. The first scheme in the joint venture between developer Cole Waterhouse and private equity Taurus Investment Holdings”. As chosen by HomeViews.   We are delighted. This is a great step forward in our plan to create a portfolio of a few thousand BtR homes of the highest quality. Well done to our partners at Anchorage: Cole Waterhouse - a great job by a focused team. We are also working with them on the scheme at Digbeth (c. 1,000 units) and looking at more with them. We also have a demand for creating or purchasing the best schemes in major regional cities and will look to London if pricing allows. We can step into the market at all stages from near planning, development or stabilised. We will even JV with key partners. Please reach out to discuss if you have ideas.   Taurus is not new to BtR and has been investing in the sector in the US for more than a decade and will bring some of the management experience to the UK. Taurus is ESG and community focused and won the accolade of the Best ESG Firm of the Year in the US in 2023.    Not only have we secured the prestigious title of the best BtR scheme in the country, but we've also been nominated for multiple awards at the Insider North-West Property Awards, including Best in the Northwest, Best Building Team, Best Value, Best Facilities, Best Design, and the coveted Award of Excellence.   Stay in touch and join our journey #BtRAwards #SalfordQuays #ESG #BtR