Investment boom for UK multifamily sector
The private rented sector (PRS) in the UK has grown significantly in the last decade and the multifamily sector in particular has attracted substantial investment from new overseas investors, with Greystar, Atlas and Courtland each gaining a foothold in the UK market.
According to the British Property Federation (BPF), there are currently over 150,000 multifamily units completed, under construction or with planning permission in the UK and nearly 75,000 of these units are in London, showing the sector’s growing popularity which is only set to increase.
Coronavirus has forced many countries in the world into a state of lockdown – and the UK is no exception. This has caused many people to reflect on their current living and working arrangements, as never has it been more important to have a flexible place to live, work and play.
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