UK agents, including Knight Frank, are racing to expand their lettings businesses.
The booming rental market is helping to shore up profits, which have been hammered by a slowdown in home sales.
Knight Frank said it had invested more in its lettings business in the past two years than in any other period in the previous two decades.
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Including:
Prima, Real Living and Cantay Estates have received funding for 189-bed PBSA
Katy Davis named as an equity partner at the firm
The site will be turned into 261 short stay serviced bedrooms
Rising remote and video appeals offer an opportunity to reduce space
