PRS & BTR
Mill Group and Bovis Homes put £50m Oak Portfolio of rental homes up for sale.
The PRS REIT has successfully raised £250m following the early close of its share placing on Monday.
PRS REIT has brought forward the closing date of its £250m fund raising following strong levels of demand from investors.
Lendlease and Evans Property Group have been granted planning permission to begin work on the first-ever build-to-rent development in York.
Developer and build-to-rent operator Platform_ has acquired a two-acre site in Glasgow’s Central Quay regeneration project to build more than 400 BTR units.
Proptech start-up Vesta has launched an online platform to bring together institutional investors and sellers of traditional PRS properties.
Prosperity Capital Partners has unveiled plans for a £175m landmark build-to-rent (BTR) scheme in the centre of Manchester.
Institutions and large-scale investors increased allocations to residential property to 8.6% in 2017, according to the Investment Property Forum’s latest survey.
Barings Real Estate Advisers has given its backing to the Manchester build-to-rent market with a £35m loan to fund Atlas Residential and IP Investment Management’s acquisition of a waterfront development site in MediaCityUK.