The Build-to-rent scheme aims to attract large
institutions to invest in the private rental sector. It hopes the fund will
encourage investors to finance new, purpose-built developments that will
improve standards for private renters.
However, concerns were raised over how viable developments would be in
different parts of the country – with many assuming that only developments in
London and the south east would attract investment. The expected returns for investment in the
private rental sector, even in London and the south east, often fall short of
major investors' expectations. However a report released by property
consultancy EC Harris claims build-to-rent could work in more than half of
English local authority areas (53%) without land discounts or subsidy. Download a copy of the report from the EC
Harris website.
Obama Center opening stirs pride and unease for Chicago’s South Side amid
displacement fears
-
South Siders voice concerns about gentrification, housing and affordability
as they celebrate opening of the Obama Presidential Center
Pastor Jeffery Ca...
1 week ago

No comments:
Post a Comment