Private Rented Sector News

All the latest analysis and news and about the UK private rented sector (PRS).

Glenbrook Eerie Basin

Glenbrook plans Salford PRS block

5 January 2017

Property company Glenbrook has submitted plans to develop a 16 storey private rental sector block in Salford.

LIV appoints Touchstone’s Smith to PRS role

16 December 2016

Build to rent management company LIV Group has appointed Matthew Smith, previously of Touchstone, as its new head of PRS mobilisation.


L&G and M&G raise equity to bolster PRS investment plans

9 December 2016

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.

Walthamstow L&G 636 BTR

Legal & General raises £170m for Build to Rent fund

7 December 2016

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.

Northern Quarter: Mulbury has a 400-unit pipeline for a gritty area of Manchester that is  new to PRS

Northern Irish pension fund invests £100m in M&G PRS strategy

5 December 2016

The Northern Ireland Local Government Officers Superannuation Committee (NILGOSC) has committed £100m to M&G Real Estate’s UK residential property strategy.

Hoola development, Royal Docks, London

Q&A: Venn’s Paul House on meeting PRS funding needs

1 December 2016

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.

Finzels Reach

Grainger acquires Bristol PRS scheme for £46m

28 November 2016

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.

Holden Miller Arsenal North Stand at Highbury Stadium

Cording launches PRS platform with CapRes acquisition

21 November 2016

Cording Real Estate Group has launched a new UK private rented sector business with the acquisition of specialist private rental sector (PRS) company, CapRes.

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Matthew Crichton-Brown and Mark Allnutt

American apparel: Greystar interview

12 January 2017

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.