Build To Rent sector now consists of almost 100,000 units
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Original Source: Letting Agent Today.
Original Author: Graham Norwood.
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Latest figures suggest that there are almost 100,000 Build To Rent units either completed, under construction or awaiting planning permission across the UK.
Quarterly figures from the British Property Federation, widely regarded as the most authoritative measure of the BTR sector, show that there are 95,918 builds to rent units either completed or planned.
This is broken down to including 17,001 completed, 24,012 under construction, and a further 54,905 awaiting planning permission.
London remains the overwhelmingly most popular location for operators.
There are 54,978 units in the capital, in those three categories, while outside of London there are 40,940 units.