Ocasa Homes

What Ocasa Homes does

Ocasa Homes is a UK Build-to-Rent and co-living property management company founded in 2017-2018 and headquartered in Manchester, with a secondary trading office in London. The company manages residential rental properties on behalf of its parent, the private equity firm Castleforge LLP, operating across seven UK regions (East Anglia, Midlands, North East, North West Liverpool, North West Manchester/Preston, North West Wirral, and Yorkshire) and more than 20 towns and cities. Its portfolio consists of named developments such as Heritage Park (Sheffield), Old School Lofts (Leeds), Yorkshire House (Castleford), Pearson Square (Ipswich), Saxon House (Derby), Spring Court (Ipswich), Reeds Lane (Wirral), and approximately 30+ other buildings, comprising a mix of co-living flatshares (£425-£575 pcm, all-inclusive bills) and traditional 1-5 bedroom self-contained apartments (£525-£1,600 pcm, bills excluded). Ocasa markets itself as an operator of mid-market rental housing with a heritage-repurposing ESG angle, owning neither proprietary technology platforms nor disclosed AI capabilities.

Ocasa serves four primary customer segments: students (near universities such as UCLan and Sheffield Hallam), key workers (NHS, teachers, transport staff near hospitals including Ipswich Hospital and Royal Preston Hospital), young professionals, and corporate clients via a dedicated corporate lettings team (NHS Suffolk, NHS East Suffolk & Norfolk Essex, Derby County FC, Magic Textiles). Distribution combines a direct-to-consumer website funnel with listings on Rightmove, Zoopla, and PrimeLocation, plus a field-sales corporate channel. Revenue is generated principally through monthly recurring rental income (treated as subscription-style recurring revenue) with ancillary fees from pet licences (£15-25/month), holding deposits (£80), change of tenancy (£50), and tenant referrals. The 53-strong in-house team covers property and asset management, leasing, communities, facilities, and development; the company is led by CEO Ian Scott (appointed October 2025) and CFO Lorna Havercroft, both appointed in 2025 to professionalise operations ahead of a stated ambition to grow from approximately 2,500 units to 7,000-10,000 units under management.

Name

Ocasa Homes

Legal name

Ocasa Management Limited

Website

https://ocasahomes.co.uk

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Ocasa Homes is a UK Build-to-Rent property manager operating 2,200+ rental homes across 20+ towns and seven regions, serving students, key workers, young professionals, and corporate clients with co-living flatshares and traditional apartments under Castleforge LLP ownership.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Lessors of Residential Buildings and Dwellings (53111), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Student Housing Roommate Matching, Assignments & Occupancy Management (BPAJAJAJ)

Keywords

• Residential property management
• Build-to-rent housing
• Co-living accommodation
• Corporate lettings services
• Rental portfolio management

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Residential Rental Income: Monthly rental payments from tenants occupying co-living flatshares and traditional apartments. Rents range from £425-£1600 per calendar month depending on property type, location, and bedroom count. Revenue is recurring on a monthly basis with minimum 12-month tenancy terms.
2. Corporate Lettings Services: Bulk rental arrangements with businesses and organisations housing multiple employees. Provides accommodation for NHS staff, corporate relocations, sports teams, and international workers. Revenue generated through multiple unit rentals to single corporate clients.
3. Ancillary Fees: Fees from pet licences (£15-£25/month for dogs/cats), holding deposits (£80), change of tenancy requests (£50), and potential damage charges. Tenancy renewal and referencing fees also contribute to revenue.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Ocasa Homes is a UK-based residential property management company that manages and rents out a portfolio of 2,200+ homes across 20+ towns and cities. The company offers two primary rental products: co-living flatshares with all-inclusive bills for students, key workers, and young professionals, and traditional self-contained apartments. It also provides corporate lettings services for businesses and organisations needing workforce accommodation, and portfolio management services for institutional investors.

Product overview

Ocasa Homes operates as a residential property management and rental company offering two primary housing products: Co-living/Flatshare properties and Traditional Apartments. The company manages a portfolio of named property developments across the UK, including Heritage Park (Sheffield), Yorkshire House (Castleford), Old School Lofts (Leeds), Pearson Square (Ipswich), Saxon House (Derby), Spring Court (Ipswich), Reeds Lane (Wirral), St Marks Court (Wirral), and Ryan House (Wirral). Ocasa also provides Corporate Lettings services for businesses seeking workforce accommodation, and offers Portfolio Management services for institutional investors. The company was founded and is owned by Castleforge LLP, managing residential assets within Castleforge's growing UK portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Co-living Flatshares

Quantifiable outcome

• Fast-tracked accommodation secured within one week for international staff with no rental references
• +1 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Emerging players

• The Collective: UK co-living pioneer that developed large-scale shared-living communities (now in administration). Closest historical comparator for Ocasa's co-living flatshare model with all-inclusive bills and community focus.

Direct peers

• Homes for Students: UK student accommodation provider operating PBSA and converted properties across university cities. Comparable as competitor for Ocasa's student-focused flatshare properties in cities like Preston, Sheffield, and Ipswich.
• Get Living: Major UK Build-to-Rent operator with c.4,000+ homes primarily in London. Comparable as institutional BTR operator targeting professional renters, though with higher-end positioning and London concentration versus Ocasa's regional focus.
• Grainger plc: UK's largest listed residential landlord and Build-to-Rent operator with c.9,000 operational homes. Directly comparable as a UK-focused BTR platform serving professional renters, though operating at significantly larger scale than Ocasa.
• Ascend Properties: UK Build-to-Rent operator and lettings specialist serving similar mid-market professional and family tenants. Directly comparable regional BTR operator with portfolio scale and tenant demographics aligned to Ocasa.
• Unite Students: UK's largest purpose-built student accommodation provider with c.70,000 beds. Direct competitor for Ocasa's student housing segment, though focused exclusively on university cities while Ocasa serves a broader tenant mix.
• iQ Student Accommodation: Major UK purpose-built student accommodation provider serving university cities. Comparable for Ocasa's student-focused flatshare segment, particularly properties near universities like UCLan and Sheffield Hallam.

Broad incumbents

• Knight Frank: Global property consultancy with significant UK residential property management operations. Comparable for institutional and corporate lettings mandates, competing for the same B2B clients Ocasa targets.
• Savills: Global real estate services firm offering UK residential property management as part of broader portfolio. Comparable as competitor for institutional property management mandates that Ocasa pursues through its Portfolio Management service.
• Quintain: Major UK Build-to-Rent developer and operator best known for Wembley Park. Comparable as institutional BTR platform though focused on large-scale London developments rather than regional portfolio aggregation like Ocasa.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ocasahomes
• LinkedInlinkedin.com/company/ocasa-homes
• Instagraminstagram.com/ocasahomes

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ocasa Homes