Rent controls force Edinburgh developers to switch BTR schemes to PBSA
Reading Time: 2 minutes UK: The Scottish government’s rental cap policy has been blamed for developers switching their plans for BTR schemes to student accommodation.
Reading Time: 2 minutes UK: The Scottish government’s rental cap policy has been blamed for developers switching their plans for BTR schemes to student accommodation.
Reading Time: < 1 minute UK: The Store House, a PBSA asset on Leeds’ Briggate, has been acquired by BlackRock and developer Manner.
Reading Time: 2 minutes UK: Rented retirement homes provider Birchgrove has acquired its ninth development – a 60 apartment community in Mill Hill, north London, built on the site of a former medical research institute.
Reading Time: 4 minutes UK/Europe: Savills’ latest research in to the coliving market has found that 51 per cent of European investors plan to be active in the sector, making it the joint third most invested-in living asset class, alongside later living, but behind BTR and PBSA.
Reading Time: < 1 minute Australia: Real estate investment manager Investa is in the early stages of a selldown process for three BTR projects worth $1.5 billion, including one in the Sydney CBD and two in Melbourne.
Reading Time: 2 minutes UK: Developer and operator Long Harbour has announced the launch of a dedicated platform to invest in single family housing (SFR).
Reading Time: 2 minutes UK: The UK BTR market attracted £4.3 billion of allocated capital in 2022, a new record, according to Savills.
Reading Time: 2 minutes UK: Analysis published by the British Property Federation (BPF) shows the total number of BTR homes in planning, under construction or completed increased by 14 per cent in 2022.
Reading Time: 2 minutes UK: Investment into the living sector exceeded £10 billion in Q3 2022, with JLL predicting total investment for the year could surpass the £13.8 billion recorded in 2021.
Reading Time: < 1 minute Germany: Developer and operator International Campus has acquired five student apartment blocks from Allianz Real Estate and CBRE Investment Management.