Welcome to this week’s BtR News Flash.
Where we provide you with a summary of all the latest updates from this weeks movements in the BtR industry.
October 21, 2022
Empiric to roll out Spike Student platform across its portfolio
Empiric Student Property has partnered with Spike Global to enable freshers to connect with each other and their neighbours, and form interest and support groups. Under the agreement, Empiric will roll out student engagement portal Spike Student across its 9,000-bed portfolio in 29 UK university towns and cities, including Cardiff,
READ FULL UPDATE HERE
Football Centre To Be Demolished for Student Housing and Flats
The main old Chesser auction mart has been home to the World of Football for over 20 years.
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Invesco Backs UKREiiF Sponsor Related Argent’s £8BN Brent Cross Town Development
Related Argent, one of the most respected owner, developer, operators in UK property and a sponsor at UKREiiF, has formed a joint venture with Invesco Real Estate, the global real estate investment manager which is acting on behalf of a US separate account client, to deliver £600m of Gross Development Value (“GDV”) at the £8Bn Brent Cross Town, including the first major phase of homes, retail and leisure.
Read Full Update Here
Decision on 22-Storey Tower Plans Deferred
An application proposing the construction of a 22-storey tower in Nottingham as part of a wider project to create hundreds of homes and student accommodation units has been deferred.
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BtR Market Set To Increase Fivefold and Be Worth £170BN by 2032
The number of completed build-to-rent (BtR) homes could increase fivefold to reach more than 380,000 in the next decade, up from 78,000 units now, with the sector’s worth growing to £170bn, according to Savills and the British Property Federation (BPF).
Read Full Update Here
October 24, 2022
Vertus Launches Highest BtR Apartments in the UK at Newfoundland
Vertus launches 10 penthouse apartments on the top floor of the UK’s tallest Build to Rent building, Newfoundland in Canary Wharf.
Read Full Update Here
BtR Sectors Reactions to Rishi Sunak as Next Prime Minister
The Build to Rent industry’s reactions to the announcement of Rishi Sunak becoming the UK’s next Prime Minister.
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Work on Public Square Underway as Part of £200M Regeneration Scheme
Work is underway on a new public square next to the #BuiltByGMI apartment block at the £200m Becketwell regeneration project in Derby city centre.
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Retail Unit Snapped up in Acocks Green for £2.2M
A 22,043 sq ft retail unit in Acocks Green, Birmingham has been sold for £2.2m by commercial property agency Bond Wolfe.
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Development Site Set To Deliver £260M Scheme Acquired by Cole Waterhouse
Investment and development firm Cole Waterhouse has completed the acquisition of a development site in Digbeth, which will now be home to the creation of Upper Trinity Street.
Read Full Update Here
October 25, 2022
LRG White Paper Examines Suburban Future for Build to Rent
Leaders Romans Group (LRG) has launched a white paper focusing on the future evolution of the Build to Rent market.
Read Full Update Here
October 26, 2022
Ringley Group Launches RISSS Service
Ringley Group launches Ringley Integrated Site Staff Solutions (RISSS), a new service to ‘maximise human potential’ of onsite staff.
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Phase Two Plans Unveiled for £52M Transformation of Queensgate Square
Plans for phase two of the £52m Queensgate Square have been submitted, to add 159 luxury apartments on Suffolk Street Queensway.
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Legal & General Modular Homes To Save Bristol Residents Thousands of Pounds a Year With Launch of Sustainable Modular Neighbourhood
Legal & General Modular Homes (LGMH) along with Bristol City Council have today launched a new housing development which will provide 185 much-needed sustainable homes at its award- winning site in North Bristol.
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Ground-breaking for Start of BtR Development
A ground-breaking ceremony has been held to mark the start of a development of 272 Build-to-Rent (BtR) apartments and commercial space in Eccles.
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October 27, 2022
SWHM Demonstrate Service Excellence With Award Win
Entering the Build to Rent sector earlier this year, SWHM win the prestigious gold award for Best UK Hotel, demonstrating its service excellence.
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Plans for 618 Flats at Arla Food Site to be Debated
Detailed plans for 618 flats on the former Arla Foods site on Kirkstall Road in Burley will come before councillors next week.
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BtR Pipeline Grows by 22% to Meet Demand
The number of Build-to-Rent (BTR) homes either in planning, under construction or completed in the UK is up by 15%.
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