BUILD TO RENT MARKET

Households type

Institutional investment has historically focussed on the apartment market. However, families constitute a large proportion of the private rented sector and this is a growth area for Build to Rent.

What’s included?

Community, convenience, and amenities are appealing aspects of BTR, particularly for singles and couples. A recent survey of BTR developments identified the most common facilities included in current developments. In addition to the amenities below, over half of developments surveyed included a residents’ lounge, co-working or meeting spaces and a gym in their offer.

Commonly included in BTR rents:

88% social calendar of events

85% concierge

81% shared garden and/or roof terrace

Lease lengths

One of the attractive features of Build to Rent is the choice of lease lengths. 92% of the developments recently surveyed offered lease lengths of three years. In the current environment of rising rents, longer lease lengths provide security and certainty for renters. Longer leases also give operators a stable income and can reduce void periods.

79% parcel acceptance/ storage

69% 24-hour security