Ashurst has advised long-standing client Invesco Real Estate on the acquisition and forward funding of a 255-home PRS development in Hounslow, west London, being built by Meyer Homes.

The development, which was acquired for Invesco's dedicated UK residential strategy, will consist of seven buildings of various sizes, providing a mixture of studio apartments, 1-bed, 2-bed and 3-bed apartments and 14 mews houses, as well as car parking spaces, retail units and associated residential amenity space all designed to provide a sense of community. The development is set to complete in 2020.

The multi-disciplinary team was led by Melanie Jordan and included Rudi Hakiman and Emma Francombe (Real Estate), Ben Patton and Matt Pearson (Construction) and Tom Rowberry (Planning).