UK Build to Rent (BTR) investment volumes in 2025 totalled just under £4.7 bn, according to preliminary data from global real estate advisor CBRE.
This represents a 14% year-on-year increase on total investment into the sector, signalling a measured rebound in the market, driven by an increase in active investors and growing confidence in the Single Family BTR market. A further £1.9 bn of investment is currently under offer.
Breaking down the figures, Multifamily BTR investment volumes totalled £1.97 bn (down 16% year-on-year), with £563 million transacting in Q4. Meanwhile, Single Family BTR investment volumes reached £2.7 bn, up 56% year-on-year and doubling the previous year’s volumes, with £1.56 bn transacting in Q4. This includes the year’s largest single-family housing transaction: Northern LGPS & LPPI’s £1.1 bn acquisition of PRS Holdco.
By share of total investment, Single Family BTR accounted for 58%, while Multifamily BTR represented 42%. Single-asset transactions contributed £2.69 bn, with portfolio deals totalling £1.93 bn.
Key deals this year have included: the sale of Gatehouse Living Group and JV partner TPG Real Estate’s 610 home Start Living portfolio to Lloyds Living, Penta and Ballymore’s joint venture to build 680 homes at Isle of Dogs and Nine Elms as well as Blackstone’s portfolio sale to Placefirst in the South East.
Andrew SaundersonHead of UK Living Capital Markets, said: “Our figures show attraction to the UK market remains strong and looking ahead to 2026, we anticipate a continuation of increased transactional activity, as cautious optimism manifests into positive sentiment across the Living sector.”
