Warm milk and water to room temperature. Combine them together.
Mix all the dry ingredients in a bowl. Whisk until everything is incorpoarted.
Pour liquid into dry mix. Stir with spatula until combined.
Spread softened butter over dough and fold gently.
Cover with a cling sheet and refrigerate overnight.
Next day: Take out of the fridge and rest at room temp for 30-40 minutes.
Gently fold the dough once again, in the bowl itself.
Cover and rest again for 30–45 min.
Lightly flour surface, deflate and with the help of a rolling pin. Shape the dough into a loaf.
Grease a 8.5 x 4.5 x 5 inch loaf pan. Shape and place dough inside.
Let rise until it reaches the top (45–90 min), depending on how warm your kitchen is.
Bake at 190°C for 35-40 minutes.
Cool completely on wire rack before slicing.