UK Build to Rent (BTR) investment volumes in Q3 2025 totalled £581.2m, according to preliminary data from global real estate advisor, CBRE.
A further £3.8bn of investment is sitting under offer. This is an increase of £1.6bn from Q2 2025, highlighting cautious optimism in the market, with an increase in active investors and those preparing to re-enter the market.
The figures show that Multifamily BTR drove investment in the third quarter, totalling £334.6m across three transactions, a small decrease of 4% compared with the same time last year. A further £246.6m was invested into Single Family Housing BTR, broadly the same as Q3 2024.
Overall, a total of £2.3bn has been invested into the UK BTR sector in 2025, which is broadly level to the same period of 2024. Splitting this out highlights £1.3bn of Multifamily BTR investment (up 5% year-on-year) and just under £1 bn of Single Family BTR (down 12% year-on-year). Similarly to 2024, a greater proportion of these have been standing deals.
The pipeline provides scope for plenty of further deals in Q4, focussed on built stock, with a total of £3.8 bn of transactions under offer. This is weighted towards the Multifamily sector which accounts for 60% of the current investment pipeline.
Key deals this quarter have included Greystar’s acquisition of Barking Wharf, a 595-home build-to-rent community and the landmark £145 million joint venture, between the JRL Group and Housing Growth Partnership, to deliver a 414-home scheme in Luton.
Tom SinclairExecutive Director, Investment Properties, said: “In the last quarter, we've observed cautious optimism and increasing confidence among investors in the Build-to-Rent (BTR) market, demonstrated by a rising number of transactions. A significant portion of properties currently under offer are existing buildings, which underscores the shortage of newly constructed BTR stock.”
