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Housing Today
Trusted media brand of the Chartered Institute of Housing
Build-to-rent investment down 22% in first half of 2025
Q1 and Q2 activity varied widely as pendulum swings between multifamily and single family investments
Build-to-rent (BTR) investment is down 22% year-on-year to £2.2bn in the first half of the year (H1), according to research from JLL.
In the first half of 2025, BTR investment was also down 11% (from £2.48bn) on the five-year January to June average .
Multifamily investment dominated in H1, reaching close to £1.4bn, but almost three quarters of that activity occurred during Q1, with investment slowing in Q2.
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