The platform will buy rental accommodation in Dublin and other major Irish cities. : Starwood Capital Group has formed a new €1bn Irish build-to-rent (BTR) platform with Urbeo Residential and the Ireland Strategic Investment Fund (ISIF). Starwood Capital said it will invest in the newly created platform, known as Urbeo, through Starwood Global Opportunity Fund XI, the firm’s 11th opportunistic real estate fund. Urbeo will buy, predominantly via forward purchase and forward funding arrangements, rental accommodation with an element of social and supported tenancies in Dublin and other major Irish cities.