Focus on London´s Build to Rent (BTR) Sector
Against a backdrop of London´s so-called “Generation Rent”, purpose-built, professionally managed developments look set to make notable strides in the coming years. Advanced by various bodies such as the PRS Task Force, the Build to Rent (BTR) Fund and the PRS Guarantee Scheme, the sector is now firmly graded as an institutional asset class and increasingly viewed as having an important role to play in confronting the Capital´s housing crisis. The wider London development industry has been monitoring the work of key players such as Fizzy Living, Be:Here, Dolphin Living, Miflat and Essential Living – observing how, amongst other factors, demand certainty combined with realistic exit strategies may result in BTR developments being less subject to the cyclical fluctuations that invariably characterise the build to sell sector. With determinable future rental flows and project outcomes, forward funding by investors in search of... [Read More]