UK BTR investors show "cautious optimism" - CBRE

Investors in the UK's Build to Rent (BTR) sector are feeling cautiously positive, according to global consultancy CBRE.

Tom Sinclair

In the third quarter of 2025, about £581.2 mln (€685.8 mln) was invested in BTR properties, with another £3.8 bn (€4.48 bn) in potential deals, showing a significant increase in investor interest since the previous quarter.
Most of this investment in Q3 2025 went into Multifamily BTR properties (£334.6 mln - €394.8 mln), while Single Family Housing BTR also saw substantial investment (£246.6 mln - €290.9 mln). Looking at the whole year so far, £2.3 bn (€2.71 bn) has been invested in UK BTR, similar to 2024. Multifamily BTR investment has slightly increased, while Single Family BTR has seen a slight decrease. Most of these deals involve already-built properties.
There's a strong outlook for more deals in Q4, particularly for built properties, with the majority of the potential investments in the Multifamily sector. Notable deals in Q3 included Greystar's purchase of a 595-home BTR community in Barking Wharf and a £145 mln (€171.1 mln) joint venture in Luton for a 414-home project.
Tom Sinclair, executive director of Investment Properties, said: “In the last quarter, we've observed cautious optimism and increasing confidence among investors in the BTR market, demonstrated by a rising number of transactions. A significant portion of properties currently under offer are existing buildings, which underscores the shortage of newly constructed BTR stock.”