Criterion Capital’s Post

Savills' latest Build to Rent Market Update reveals robust investment activity, with Q2 2024 seeing £1.2bn of investment, highlighting the strong momentum in the sector 🚀. One notable trend is the impressive demand for Build to Rent homes, with properties in major UK cities letting 25% faster than pre-pandemic levels 📈. The median time to let in London and Core Cities is just 24 days, showcasing the high demand and efficient turnover in these markets 🏙. At Criterion Capital Limited, we are proud to contribute to this vibrant sector. Our latest Build to Rent project at the former Royal British Legion Hall in Norbury will add 20 affordable homes to the area, addressing the critical need for rental properties 🏘. Omar Aziz, Director at Criterion Capital, emphasised our continued commitment: "Our expertise in Build to Rent enables us to deliver high quality homes that meet the needs of today’s renters. We're dedicated to creating vibrant, sustainable communities and addressing the ongoing demand for rental housing. As the latest Savills report points out, the rental market is gradually returning to a more 'normal' seasonal pattern, but the demand remains strong. With 29% fewer listings compared to the 2018-2019 average, there's a pressing need for more rental properties to meet the persistent high demand.” We look forward to continuing our work in this dynamic sector and contributing to the growth and sustainability of rental housing in the UK. 🔗 Please click here to read the full market update from Savills: https://lnkd.in/dRfNFisF   #CriterionCapital #BuildToRent #Savills #PropertyDevelopment #UKProperty #RentalMarket #AdaptiveReuse #AffordableHousing #InvestmentOpportunities

  • No alternative text description for this image
Rashid Khan-Gandapur

Property Finance | Corporate Banking | Corporate Advisory | Restructuring

4mo

BLME has strong finance appetite for this sector and on our latest funded 70 apartment scheme near Croydon we’ve seen it completely let up almost inside two months!! We can finance acquisition, build, let up and stabilised phases and look forward to more such projects!

To view or add a comment, sign in

Explore topics