It has been a long journey, but Build to Rent (BTR) has finally arrived in the UK. For years we have been anticipating the emergence of an institutionally-backed, purpose built and managed private rental sector. Now, with 125,000 units either completed, under construction or with planning, there is a clear pathway towards critical mass in the nascent sector.
This short research paper does something that has not been possible before – it explores completed BTR operating performance. It also explores the ‘who’ question of BTR, analysing the tenants who have been living in these buildings for at least 12 months.
• With an average rent premium of 8.4% achieved across London, an exploration of whether occupiers willing to pay for services and amenities
• Rental growth has averaged 3% over the past 12 months
• A profile of typical occupiers of BTR schemes, including average age, income, and percentage of income spent on rent
Download the Report
Enter your details here to download the report.