Reading Time: 2 minutes UK: LRC Group has bought Bradstowe House, a 177-unit BTR asset in Harrow, north-west London for in excess of the £58 million guide price.
Reading Time: 2 minutes UK: The latest figures from Savills show that the the UK BTR sector attracted £800 million in investment during Q3 2024.
Reading Time: 3 minutes UK: Savills latest report on the UK BTR sector says that £300 billion is needed to meet the future household growth requirements, of an additional million homes in the Private Rented Sector by 2031.
Reading Time: < 1 minute UK: New analysis from the British Property Federation (BPF) shows that construction in the BTR sector slowed during Q1 2024 due to significant planning delays.
Reading Time: 2 minutes 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.
Reading Time: < 1 minute UK: Developers revealed plans to convert a Grade II listed hotel in to student accommodation.
Reading Time: < 1 minute Australia: Developer Cedar Pacific and Japanese company Sumitomo Forestry have signed a deal to jointly develop a $1.2 billion ESG-focused BTR portfolio in Australia and New Zealand.
Reading Time: < 1 minute UK: Research from Savills has revealed that nearly 100,000 more student beds are needed to meet demand in London.
Reading Time: 2 minutes UK: The British Property Federation (BPF) has published its research showing that the time required for BTR planning applications has significantly increased over the past decade.
Reading Time: 2 minutes UK: Savills’ latest report on the UK BTR sector reveals a total investment of £4.5 billion in 2023, £1.9 billion (42 per cent) of which went to single family rentals.
