"While still seen as an emerging market, Single Family Housing BTR continues to attract significant levels of interest, with a noticeable pick-up in the last quarter"
- Andrew Saunderson - CBRE
Preliminary data from CBRE shows UK Build to Rent (BTR) investment volumes reached £1.9 billion in the first half of 2025, with an additional £2.2 billion currently under offer.
This marks nearly a 60% increase compared to the same period last year and represents one of the largest investment pipelines seen to date. The figures highlight growing activity among current investors and those preparing to return to the market.
Single Family Housing BTR is showing particular growth. In the second quarter of 2025, Single Family BTR investment climbed to £643.1 million, more than doubling the previous quarter. Overall, almost £1 billion has been invested in Single Family BTR so far this year. Meanwhile, Multifamily BTR investment was more subdued at £265.2 million in Q2, including several standing assets, reflecting ongoing interest in operational income-producing properties. A strong first quarter means that approximately £1 billion has also been invested in Multifamily BTR in 2025.
CBRE noted several significant transactions in the second quarter, reflecting increased investor confidence entering the latter half of the year. These included Slate Yard, a multifamily BTR asset in Manchester comprising 424 homes; a single-family portfolio of 600 homes forward funded for approximately £188 million between Barratt and Lloyds Living; and Solasta Riverside, a multifamily BTR asset in Glasgow with 324 homes.
The investment pipeline indicates strong momentum for the remainder of 2025, with £2.2 billion of deals currently under offer. Of this, £1.5 billion is attributed to Single Family BTR.
“Over the last six months, we have seen improving levels of sentiment from investors. While still seen as an emerging market, Single Family Housing BTR continues to attract significant levels of interest, with a noticeable pick-up in the last quarter,” explained Andrew Saunderson, head of UK residential capital markets at CBRE.
He added, “The significant pipeline of investment into the sector is a result of both domestic and international capital and demonstrates the growing appetite for investment into the living sector and points to a busy second half of the year.”
