Iterum embraces UK's booming build to rent sector

Exciting News in UK Real Estate!
Cushman & Wakefield's latest report forecasts a significant £8.1bn investment in the Build to Rent (BTR) sector in 2024, reflecting robust investor confidence despite market challenges.
At Iterum, where we offer innovative leasing solutions for home appliances, this news underscores the shifting landscape between renting and owning. As more individuals opt for flexible living arrangements, our mission to provide convenient leasing options aligns perfectly with the evolving needs of tenants and property managers alike.
Key Points:
- Investor Interest: With 50% of surveyed investors dedicating over 30% of their portfolios to BTR, the rental market is experiencing a surge in demand.
- Investment Volume: Despite challenges, the sector saw £4.3bn invested in 2023, with projections indicating further growth in 2024.
- Preferences: Urban BTR schemes, particularly in London Zones 1-3, are in high demand. Sustainability considerations align with Iterum's commitment to eco-friendly solutions.
As Iterum continues to pioneer leasing innovations, we're excited to be part of this dynamic sector's growth. Stay tuned for updates as we navigate these exciting developments together!