PRS & BTR
The private rented sector must undergo radical reforms to make it fit for millennials who face a lifetime of renting, according to a report by Resolution Foundation.
The total number of build-to-rent homes completed, under construction and in planning across the UK has increased by 30% in the past year.
Quintain has secured a £36m five-year investment loan from TH Real Estate on its second build to rent development, Alto at Wembley Park.
Balfour Beatty and AIG Global Real Estate have completed a funding deal for a 274-home build-to-rent (BTR) development in Manchester’s New Cross.
Regeneration specialist Galliford Try Partnerships has entered into a collaboration with Sigma Capital Group to target the the private rented sector (PRS) initially focused in the west and South West of England.
The first purpose-built rental schemes are emerging in the city centre as the size of the young professional population swells and rents tick up.
The Government has used its reform of the National Planning Practice Framework (NPPF) to offer some new thinking on the development of student accommodation.
Venn Partners has successfully closed its sixth sale of bonds under the £3.5bn Private Rented Sector Housing Guarantee Scheme with a £82.5m raise to back Realstar’s new PRS tower block in south London.
PRS REIT has posted its maiden results since its IPO last year reporting a net asset value of £245.5m.