Flax Place is currently under construction with the concrete frame expected to start in the coming weeks and a completio date of late 2026.

Dan Spencer Founder and CEO of Torsion Group said: “The sale of Flax Place to Starlight demonstrates Torsion’s approach to investing in key regional city’s, ensuring alignment and shared commitment to creating high-quality, sustainable accommodation.

“Starlight’s investment reflects its confidence in our Develop, Construct, Operate model and the thriving BTR market in Leeds. We’re looking forward to delivering a first-class scheme with Starlight and for the Leeds market.”

Flax Place comprises 300 luxury apartments across two towers of 11 and 15 storeys, offering a mix of one and two room units.