What is Placefirst?
Placefirst is a leading developer of rental properties in the United Kingdom, focusing on build-to-rent homes designed specifically for renters. The company offers a substantial portfolio of over 2000 high-quality, well-maintained residences situated in diverse neighborhoods. Placefirst emphasizes a stress-free living experience, integrating modern amenities and energy-efficient designs into its properties. Their mission extends to transforming urban areas into aspirational neighborhoods, thereby enhancing the social value of the communities they serve. Placefirst is dedicated to providing long-term rental solutions, fostering supportive living environments that welcome pets and feature communal spaces.
How much funding has Placefirst raised?
Placefirst has raised a total of $36.7M across 1 funding round:
Debt
$36.7M
Debt (2016): $36.7M with participation from ESO Capital Group
Key Investors in Placefirst
ESO Capital Group
ESO Capital Group is a London-headquartered investment firm specializing in providing senior capital solutions to European small- and medium-sized enterprises. With a track record of over 75 deals and significant funds raised, they offer flexible financing options up to 40 million across the capital structure.
What's next for Placefirst?
With the infusion of $36.7M through a major strategic investment, Placefirst is poised for accelerated expansion and development within the UK's build-to-rent market. This enterprise-level funding suggests a strategic focus on scaling operations, potentially acquiring new sites, and enhancing its existing property management infrastructure. The company's commitment to quality, community, and renter-centric living, combined with this substantial capital injection, positions it to further solidify its market leadership and address the growing demand for professionally managed rental accommodations.
See full Placefirst company page