Reading Time: 2 minutesNew 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 minuteUK: Developers revealed plans to convert a Grade II listed hotel in to student accommodation.
Reading Time: < 1 minuteAustralia: 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 minuteUK: Research from Savills has revealed that nearly 100,000 more student beds are needed to meet demand in London.
Reading Time: 2 minutesUK: 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 minutesUK: 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.
Reading Time: 2 minutesUK: The Scottish government’s rental cap policy has been blamed for developers switching their plans for BTR schemes to student accommodation.
Reading Time: < 1 minuteUK: The Store House, a PBSA asset on Leeds’ Briggate, has been acquired by BlackRock and developer Manner.
Reading Time: 2 minutesUK: 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 minutesUK/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.
