Growth of the Build to Rent and PRS markets
26/03/18The news this weekend was looking at the benefits of the blossoming build to rent/private rental market.
As a nation facing a housing crisis, being able to offer different tenures to meet different needs becomes increasingly important. There is no longer a "one size fits all" approach.
This type of accommodation isn't just for young, city-based professionals. Some of the pathfinders for this model include student accommodation, and accommodation for the elderly.
We are seeing some really innovative partnerships and structures, to ensure any risks are managed appropriately, delivering good returns. And funders are keen.
These schemes are likely to be on the increase - news that we should all be welcoming.
Will you be adding PRS to your portfolio?
Supporters of BTR hope it will increase the supply of housing, improve the quality and choice available to renters, and even transform the growth of cities