CBRE Launches Milton Keynes Build-to-Rent Scheme

CBRE on behalf of Zephyr X, has launched 500 Avebury Boulevard, a best-in-class Build-to-Rent scheme in Milton Keynes, which will upon completion make a significant addition to the city’s growing residential offering. The development of 376 apartments, will deliver a best-in-class scheme, designed to meet the needs of modern urban living as well as meeting the highest ESG and Building Safety standards. Construction on the dual core scheme is set to begin in Q1 2026, with completion expected in 2028.

The new development reflects the increasing demand for well located, professionally managed rental accommodation in Milton Keynes. The city continues to attract investment, with impressive rental growth and occupancy rates due to its strong employment base, excellent transport links, and dynamic local economy. Milton Keynes is situated centrally within the Oxford-Cambridge growth arc and has been highlighted as a growth hotspot for tech companies. The new East West Rail, continues to improve connectivity in the region, while the recently announced Universal Theme Park in neighbouring Bedford, will directly boost the Milton Keynes economy and further drive demand for high quality rental homes.