UK-Build-to-Rent-Investment-Opportunity (1)

UK Build-to-Rent Investment Opportunity. The UK Build-to-Rent sector is experiencing unprecedented momentum, with institutional capital flowing into a market that combines defensive characteristics with exceptional growth potential. As housing fundamentals tighten and rental demand surges across major metropolitan areas, sophisticated investors are recognizing BTR as a cornerstone asset class for the next decade..

[Audio] We are here to discuss the latest developments in the UK Build-to-Rent sector. This market has seen significant growth and investment in recent years, with the Q3 of 2025 seeing an impressive investment volume of £581.2 million. This represents a significant increase from the previous quarter, with the pipeline under offer reaching an extraordinary £3.8 billion. This trend is set to continue, with year-to-date 2025 investment already reaching £2.3 billion, matching the entire total of 2024. Major players like Greystar and JRL Group have made strategic acquisitions and committed to large-scale schemes, with multifamily BTR assets making up the majority share of this investment. It is clear that the market is no longer just dipping its toes, but fully diving in. These numbers point towards a promising future for the UK Build-to-Rent sector..

[Audio] Slide 3 out of 5 focuses on strategic investments in the UK Build-to-Rent sector. In this presentation, we will be discussing the different tier 1 core markets and tier 2 high-growth opportunities that are gaining significant investment and recognition. First, we will look at the established scale and liquidity of tier 1 core markets, specifically London. London remains the anchor market for institutional-grade scale and has a total investment of £245 million, making up 42% of the market. While competition may be intense, London offers stability and a deep talent pool, making it a reliable choice for investment in the UK Build-to-Rent sector. Moving on to Manchester, it's no surprise that the Northern Powerhouse is the UK's second city for BTR, with a significant investment of £85 million and a pipeline of £650 million. The city's strong corporate relocations, thriving tech sector, and world-class universities create sustained rental demand with superior risk-adjusted returns. This makes Manchester an attractive investment opportunity. And for our tier 2 high-growth opportunities, Leeds is considered the "sweet spot" in terms of investment potential with a pipeline of £300 million and yields of 6.5-7.5%. The city's financial services expansion and major corporate relocations make it a BTR powerhouse with exceptional yield potential. Lastly, Liverpool and Newcastle both offer unique and compelling entry points for investment. With a pipeline of £200 million and yields of 7.0-8.0%, Liverpool is experiencing aggressive regeneration initiatives and a growing creative industry, making it a prime location for attractive valuations. Similarly, Newcastle, with a pipeline of £200 million and yields of 6.5-7.5%, is also a key player in the UK Build-to-Rent sector with strong potential for growth and return. It's clear that the UK Build-to-Rent sector offers a diverse range of strategic investment options..

[Audio] Slide number 4 highlights a crucial aspect of the UK Build-to-Rent sector - the country's housing crisis. This crisis has presented a promising opportunity for the BTR sector to thrive and become a vital asset class for the future. The UK is currently facing a significant and worsening housing gap, with approximately 275000 new households being formed each year. However, new housing construction consistently falls short of the demand. This gap has been further exacerbated by barriers to homeownership, with 40% of households unable to access ownership - a steep increase from just five years ago. Looking ahead, it is estimated that by 2030, the UK will require an additional 1.2 million rental homes to meet the growing demand. This is not a temporary issue, but rather a structural deficit that has positioned the BTR sector as essential infrastructure for providing homes to the nation's workforce. The high demand for quality rental homes due to the UK housing crisis has made the BTR sector a highly lucrative investment opportunity. Not only does it offer stability and the potential for long-term returns, but it also plays a crucial role in addressing the housing crisis and promoting economic growth, job creation and the development of sustainable communities. In conclusion, the BTR sector has become an essential and vital part of the UK's housing infrastructure due to the current housing crisis. As we move forward, the sector will continue to be a crucial player in addressing the housing gap and providing a stable and profitable investment option. Let's now proceed to our final slide..

[Audio] As we conclude our presentation, we want to share some important takeaways regarding investing in the UK Build-to-Rent sector. We have observed a growing demand for high-quality housing in the UK, leading to a consistent increase in the market. This has made the Build-to-Rent sector a highly desirable asset class for investors. Our focus today is on the Immediate High-Conviction Opportunities for 2025-2026, specifically in the Manchester Corridor. This area offers a potential investment of £150-200M with net initial yields of 6.0-6.8%. We anticipate an annual growth of 4-6%, presenting a great opportunity for attractive returns. Our focus in this region will be on Salford Quays, Ancoats, and the expanding Innovation District, which have a strong corporate tenant base. Moving on, our next opportunity is in Birmingham Southside, with a target investment of £120-180M and net initial yields of 6.5-7.2%. The projected impact of HS2 is estimated to bring a value uplift of +15-20%, and we plan to make the most of this by investing in Digbeth and surrounding neighborhoods before the infrastructure is completed in 2028-2029. This presents a first-mover advantage and potential for significant returns. Our final opportunity is in the Leeds City Center, where we will follow strategic positioning principles. First, we prioritize time in the market over timing the market, meaning we invest now to gain first-mover advantages in emerging locations. We also aim to achieve scale in our target markets for operational leverage, brand recognition, and superior resident experiences. Additionally, we will leverage technology for efficient operations, tenant satisfaction, and data-driven decision making. To succeed in the Build-to-Rent sector, we believe there are three key success factors: a strong operational strategy, market intelligence, and careful execution..