Private Rented Sector NewsAll the latest analysis and news and about the UK private rented sector (PRS).
Latest PRS News
Property company Glenbrook has submitted plans to develop a 16 storey private rental sector block in Salford.
Build to rent management company LIV Group has appointed Matthew Smith, previously of Touchstone, as its new head of PRS mobilisation.
Legal & General Investment Management Real Assets (LGIM) and M&G Real Estate (M&G) have both announced major capital raises for their private rented sector (PRS) platforms.
LGIM Real Assets has raised a further £170m of equity investment from major institutions, including a significant commitment from a client of Aon Hewitt, for an open-ended Build to Rent (BTR) fund.
The Northern Ireland Local Government Officers Superannuation Committee (NILGOSC) has committed £100m to M&G Real Estate’s UK residential property strategy.
Venn Partners last week announced the launch of the first bond to be issued through the government’s £3.5bn private rented sector (PRS) guarantee scheme.
Residential landlord Grainger has acquired a build-to-rent development at Finzels Reach in Bristol for £45.7m, from a vehicle backed by clients of Palmer Capital and Cubex Land.
Cording Real Estate Group has launched a new UK private rented sector business with the acquisition of specialist private rental sector (PRS) company, CapRes.
To some, it is the private rented sector (PRS). To others, it’s the professional rented or build-to-rent sector. With the arrival of US giant Greystar in the market, another moniker is rapidly gaining traction: multi-family housing.
The notion of value and how to codify it is a serious issue that is having a major impact on the delivery of much-needed homes, particularly in London.