Starlight Investments has closed Starlight UK BTR Fund II, securing £680 million in commitments across the fund and related investment vehicles. The capital will support the acquisition and delivery of more than 6,000 professionally managed build-to-rent homes across the UK. Fund II is partially deployed across three rental developments under construction, including two in Manchester and one in Basildon. The fund attracted institutional investors from Europe, the Asia-Pacific region and Canada, including existing limited partners and several new investors, and received a significant commitment earlier in 2026 from Homes England’s National Housing Bank. Starlight said its UK residential platform includes 12 BTR projects spanning development, leasing and operations and is expected to rank among the UK’s four largest BTR operators by scale as its pipeline advances.