#UK #Starlight Investments #Salford #Spectra #UK Real Estate

Starlight Investments Marks Milestone with Spectra

Starlight Investments has proudly announced the topping out of Spectra, a flagship build-to-rent (BTR) project in Salford, Greater Manchester. With the completion ceremony attended by project partners and team members, this pivotal moment signifies the reaching of the building’s highest structural point, transitioning the project into its final construction phases.

Upon completion, Spectra will feature a range of accommodation options including studios, one, two, and three-bedroom apartments, as well as townhouses designed to provide flexibility and cater to diverse lifestyles. Future residents can expect a premium selection of amenities that enhance their living experience, such as a resident lounge, landscaped green areas, a gym, co-working spaces, a private dining area, and multimedia/game rooms.

Strategically located next to Broadway and South Langworthy Road, close to MediaCity, the development ensures excellent connectivity to the wider Manchester metropolitan area while promoting a vibrant, community-focused lifestyle.

The name Spectra encapsulates the diversity and energy of the media and creative industries that define the region. Complementing the building’s striking rose-gold facade, the name reflects the dynamic activities occurring in MediaCity.

Jonnie Milich, Director of Residential at Starlight Investments, expressed pride in reaching this milestone, stating, "This development represents our ongoing investment in the growing rental market in Greater Manchester and our commitment to creating a first-class residential community for future residents. We extend our gratitude to our partners and teams for their dedication in bringing this vision to life."

Nick Sweeney, CEO of X1, remarked on the significance of the occasion, stating, "We are excited to celebrate this important milestone for the Spectra project. In collaboration with Starlight Investments, we are proud to offer a well-designed rental community brimming with amenities that will positively contribute to the region's real estate landscape and promote long-term growth."

Spectra is just one of several developments currently underway within Starlight's UK portfolio. This milestone underscores the growing presence of Starlight in the UK rental construction sector, reflecting their commitment to providing modern, professionally managed rental communities in key urban centers where housing demand is high. Furthermore, this event marks the second topping-out ceremony for the company in Greater Manchester this month, highlighting Starlight's robust expansion momentum in the region.

Across the UK, Starlight has established a portfolio of 4,000 rental suites and manages assets valued at over £1.1 billion, with continuous growth in key markets.

About Starlight Investments

Starlight Investments is a leading global real estate investment and asset management firm headquartered in Toronto, Ontario, Canada. As a private company, Starlight owns, develops, and manages over 70,000 multi-residential suites and more than 7 million square feet of commercial space, with CAD 30 billion in assets under management. The firm offers a variety of investment vehicles across diverse real estate strategies. Starlight's mission is to balance its track record with an innovative vision that generates a positive impact for both investors and communities. At Starlight, we invest with purpose.

For more information, visit www.starlightinvest.com or connect with us on LinkedIn.