Habyt and SK D&D form coliving partnership
South Korea/Germany: Developer SK D&D and coliving platform Habyt have formed a strategic partnership after the signing of a MOU in Berlin.
South Korea/Germany: Developer SK D&D and coliving platform Habyt have formed a strategic partnership after the signing of a MOU in Berlin.
UK: Grainger is set to launch Glasshouse Square, a 468-unit BTR development in Bristol next year.
UK: Global investment manager Hines is forward-funding the Pottery Lane BTR scheme in Newcastle, its first deal in the UK BTR market.
UK: Developer Beech Holdings has secured planning permission for its Sheffield Gardens BTR scheme on the city’s Meadow Street.
New Zealand: A newly launched BTR tracker has revealed that New Zealand has 1,307 BTR homes already delivered, with a further 850 under construction and 3,395 in the pipeline.
Recent changes to permitted development rights are welcome, but with the housing crisis worsening, the flexibility of the new Class MA should be extended further, says James Doherty of Boyer.
UK: UK BTR investment volumes in Q1 2024 reached £433.3 million, down from £1.2 billion in the same period last year, according to new preliminary data from CBRE.
UK: The Association for Rental Living (ARL) – formerly UKAA – has named the members of a committee to lead its work in representing institutionally-backed single family housing.
UK: London coliving and rental operator Gravity Co has launched its sixth property, in Notting Hill.
US: Private equity giant Blackstone has agreed to buy Apartment Income REIT, known as AIR Communities, for around $10 billion.