Press Release
£4.4 bn Transacted in the UK Living Sector in H1, says CBRE
November 20, 2024
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The UK living sector saw £4.4bn of investment during H1, 48% higher than H1 of last year, according to preliminary data from global real estate advisor CBRE. £1.9bn was invested during Q2 2026, This was 27% higher than recorded for Q2 last year.
Multifamily Build to Rent (BTR) dominated living investment volumes, totalling £1.8bn in Q2 2026. This was more than double the £821m transacted in the same quarter last year, underlining renewed momentum and the continued willingness of large-scale capital to commit to the sector.
The quarter was dominated by two Multifamily BTR portfolio transactions in London: the £1bn sale of L&Q's Private Rented Sector portfolio to MSREI and Ridgeback Group, and Greystar's £500m acquisition of the 904-home portfolio at Elephant Park. Both deals illustrate demand for stabilised, income-producing assets in London, driven by strong local supply and demand fundamentals.
The forward pipeline remains healthy, with over £1.3bn of Multifamily and Single-family BTR assets currently under offer.
Purpose-Built Student Accommodation (PBSA) investment volumes were muted in Q2 2026, totalling £80m. However, PBSA investment volumes totalled £1.9bn for H1, reflecting an increase of 66% on the same period last year, due to an impressive first quarter.
The first half of 2026 has not been without its challenges, with geopolitical uncertainty continuing to shape market conditions. Nevertheless, our figures show the Multifamily sector continues to attract investor interest, underpinned by strong occupier demand and resilient fundamentals. Investors remain disciplined and selective in their approach, but the level of assets currently under offer points to ongoing demand for well-located, high-quality opportunities.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.co.uk.