08.04.2013 - Big investors begin entering the UK residential rental market
Insurers and pension funds are poised to spend 7 billion on rental homes in the UK because they believe that the current shortage of housing and mortgages is producing a generation of renters rather than owners. About 30 institutions including British pension funds and American private equity firms plan to develop or buy blocks of homes to let, encouraged by stable returns compared with shops or offices and by government pledges of financial support, according to property consultant CBRE...............................................Full Article: Source
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