Research - JULY 28, 2022

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U.K. residential investment totals €2.4b in Q2 2022

by Andrea Zander

The U.K. residential sector recorded a total of £2 billion (€2.39 billion/$2.42 billion) of investment in second quarter 2022, according to CBRE.

This represents a decrease of 20 percent when compared to the same period in 2021, when investment volumes reached £2.5 billion (€2.98 billion/$3.03 billion). However, year-to-date transaction activity, combined with current pipelines, point to investment volumes reaching a record total for 2022, notwithstanding headwinds from rising debt costs and higher construction costs.

Build-to-rent residential (BTR) accounted for 65 percent of total investment for the quarter at £1.3 billion (€1.55 billion/$1.58 billion), 59 percent higher than second quarter 2021. More than 80 percent of capital was deployed across the regions, with investors attracted to the yields on offer in these markets. Key second quarter deals include Swiss Life Asset Managers and Mayfair Capital’s acquisition of Duet BTR scheme in Salford, the forwa

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