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Insight
7 May 2021, 13:39
Despite the many challenges presented by Covid-19, BTR has remained profitable and continues to attract investment across the board. There are many possible reasons for this. One reason is that young professionals are striving to live in both a multi-faceted building and a great location. BTR gives them this option; they can have the luxuries of a hotel while being in an easy, commutable distance to work.
I recently attended a UKAA webinar presented by MRI Real Estate Software, titled ‘Why you should be connecting your build-to-rent technology’. Dan Foryszewski of Investor Solutions discussed the many benefits of using technology in a BTR scheme. MRI Software covers many areas including property management, task hubs and site surveys. This technology and data can make a significant difference to the investor, the developer and the resident alike.