Sigma Capital Development Director joins single-family rental business to drive delivery of next generation rental homes across the UK
Casa by Moda, the single-family homes platform operated by developer operator Moda Living, has welcomed a trio of new hires including a new Director, as the brand continues to blaze a trail in the UK’s fastest-growing residential market.
Matthew Townson joins the business as Director of Development and Projects with more than 30 years of industry experience and after 16 years at urban regeneration specialist Sigma Capital Group, where he was most recently its Development Director overseeing the identification and delivery of PRS homes across the UK.
In his new role at Casa by Moda, Matthew will be responsible for the delivery of next generation homes for rent across the UK. Reporting to chief executive Johnny Caddick, he will oversee the land management teams along with the planning and delivery of Casa’s pipeline of 5,000 new rental homes worth in excess of £1bn. Featuring a mix of one- to four-bedroom homes in predominantly suburban locations, Casa neighbourhoods are designed to meet the outstanding demand for quality, accessibly priced homes for rent.
Casa has also welcomed Peter Crabbe as a Technical Manager and Tim Mather as a Senior Land Manager.
Peter joins Casa by Moda from Keepmoat Homes with more than 21 years of industry experience, including more than a decade with housebuilder Linden Homes. Drawing on his experience technical and viability reporting, he will be responsible for bringing new sites forward from pre-acquisition to the beginning of construction.
A chartered surveyor of more than 16 years, Tim joins the business from Knight Frank having previously held roles at Allsop and Cortland Group. As part of Casa’s Land and Development team, he will work with land owners, developers and development partners on forward funding and acquisition opportunities across the UK.
The trio of new starters bring the total number of Casa employees that have joined the business since the beginning of 2022 to 13 as the brand gears up to deliver its pipeline of homes with the backing of leading global institutional capital.
Casa by Moda was launched at the end of 2021 and has been growing steadily since, as the business gears up to start construction of its first sites in Yorkshire and the North West.
Leveraging best-in-class resident service, brand partnerships and the latest in smart technology and renewable energy, the platform will provide residents with an exceptional living experience designed around health, wellbeing and community.
With long-term renewable leases of up to three-years in length available and no upfront deposits, Casa by Moda will provide security of tenure on long-term renewable leases at stable price points, giving residents stability and control in their
The technology-enabled neighbourhoods will connect residents to their communities through a bespoke app, enabling them to manage their lifestyle through technology, from logging maintenance issues to organising a resident book club.
All homes will also be fitted with smart technology sensors which monitor the energy consumption and sustainability performance of the buildings. By accessing this real-time data through the MyModa app, residents will be able to keep track of their utility costs and will receive bespoke tips and tricks on making small behavioural changes to keep spending down. The technology also provides live insights on carbon consumption, enabling Casa and its residents to monitor sustainable performance of the buildings. Residents will also be able to see real-time anonymous data on their sustainability ranking in the neighbourhoods, generating opportunities for gamifying sustainable behaviours.
Casa by Moda neighbourhoods deliver much needed and price accessible housing across the UK, which has a chronic shortage of quality, professionally managed homes for rent at a time when more and more people are renting for longer in the country. Almost 20% of all homes in the UK are rented, with that number set to increase to up to 23% by 2025. Casa by Moda neighbourhoods address the growing need for modern homes for rent to suit all ages and requirements across the UK.
All Casa by Moda activity, from development to long-term operation, is guided by Moda Living’s cross-platform ESG Strategy. Designed around the United Nations’ Sustainable Development Goals, the programme includes a roadmap to net zero carbon operations and sets out targets and standards across the business’s environmental, social and governance operations.
Casa by Moda Chief Executive Johnny Caddick said: “The Casa by Moda family continues to grow at pace as we gear up to meet the outstanding demand for quality, resident experience-led homes for rent across the UK. I’m excited to welcome Matthew, Peter and Tim to the business. They bring a wealth of experience to our already outstanding team and I look forward to working with them as we shape the future of the UK’s single family homes market.”