PRS REIT has acquired four new PRS sites with a GDV of £62m.
Institutional investment in the UK private rented sector topped £3bn for the first time last year
How tech giants like Google and Airbnb are moving into property development and urban planning
Grainger is to forward-fund a £77m build-to-rent development at Exchange Square in Birmingham
Barings Real Estate has bought a 280-flat PRS scheme in Manchester for £57m.
Arthur McCalmont has left CBRE’s UK residential capital markets team to launch a PRS business.
Student accommodation specialist Amro Real Estate Partners is diversifying into the private rented sector and has launched a search for a £500m capital partner.
Commuted payments and the PRS sector have failed to make up the shortfall in social housing starts in London since 2011, according to EG’s LOREMA report
COMMENT: It is the yawning gap between supply and demand in the rental market that makes the build-to-rent sector so critical to the UK housing market, writes Alan Druckman, operations…
COMMENT: PRS has a significant contribution to make towards fixing the crisis, says Harry Downes
The British Property Federation and 20 organisations from the build-to-rent sector have pledged to provide three-year tenancies in new housing developments in response to government demands.