LAR Housing Trust‘s property management arm has been appointed by Octopus Capital to manage its new property portfolio in Scotland.
Octopus’ Affordable Housing Fund recently raised £100 million – including £50 million from the Scottish National Investment Bank – to invest in high-quality, energy-efficient new-build affordable homes across Scotland and England. Octopus Capital will hand over the first of these Scottish units to housing charity Lar by the end of May.
Lar Property and Estate Management was launched towards the end of 2025 to offer expert assistance for large-scale private landlords helping them manage their portfolios. Octopus Capital is an asset manager investing in the people, ideas and industries that will change the world.
Lar chief executive, Mikko Ramstedt, said, “We are excited to partner with Octopus Capital as we share the same strong emphasis on social impact, community benefit, and sustainability. We are at the stage in our own growth that we can offer our multiple award-winning services to other major portfolio landlords and Octopus Capital are an ideal partner for us.
“They share our ethos of supporting all stakeholders and our organisations are very much morally and ethically aligned and we look forward to being able extend our exceptional level of service to Octopus’ tenants in Scotland.”
Jack Burnham, head of affordable housing at Octopus Capital, added, “We’re delighted to appoint Lar to manage our new affordable homes in Scotland, and to work with a team that shares our commitment to social impact, strong communities and sustainability. Lar’s track record can provide residents with confidence that they will receive a consistently high standard of service and care. We look forward to handing over the first homes in May, and building a long-term partnership that helps deliver high-quality, energy-efficient homes where they’re needed most.”
