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Devcore sold key rental properties in Cornwall to Next Living and Black Ridge Inc., altering the city’s rental market in 2024–2026.
Devcore Group, once Cornwall’s largest rental property owner, has sold multiple properties to Next Living and Black Ridge Inc., reshaping the city’s rental market.
In August 2024, Next Living, a related company with shared leadership, acquired three properties, retaining existing staff and services.
More recently, in early February 2026, additional units were sold to Black Ridge Inc., which did not comment.
Devcore previously managed nearly 40 buildings with about 700 units, including the rebranded Dev Hotel, which reopened in 2025.
Tenants have raised concerns over rent and stability, but legal protections remain, allowing rent increases or evictions only under strict conditions.
Free legal aid is available weekly at the Agapè Centre.
Devcore vendió propiedades de alquiler clave en Cornwall a Next Living y Black Ridge Inc., alterando el mercado de alquiler de la ciudad en 2024-2026.