This is an 11% year-on-year increase, with Q2 2022 totals up 14% year-on-year from the previous quarter.

While in Q1 the activity was concentrated in London and the South, the second quarter saw capital mainly deployed across the regions — 75% of investments in Q2 were in prime regional centres, illustrating a return of confidence in the wider market.

•   Differing definitions of net zero could be stalling planet-positive construction with greenwashing, claims developer
•   'Gone is the build-sell-bye world', claims BTR specialist
•   Smaller university towns deliver top student yields

The H1 figures and the under-offer pipeline — which sits at £2.6bn — indicate that 2022 is set to match or exceed 2021’s record-breaking £4.4bn investment volume, as more investors look for opportunities in the growing BTR sector. 
 
A number of significant deals in the second quarter of 2022 have contributed to these impressive figures.

Some of the most notable include Get Living’s forward funding of the Sherlock Street development in Birmingham, Swiss Life Asset Managers and Mayfair Capital’s acquisition of Duet BTR scheme in Salford, and the forward funding of the Lisbon Street scheme in Leeds by Cortland Group.

The data also revealed that over £500m of deals currently under offer are for single family housing, pointing towards significant growth for this area this year.

Scott Cabot, head of UK residential research at CBRE, said: “The UK BTR sector is showing positive momentum and resilience in the face of headwinds, such as cost inflation and interest rate increases. 

“The continued investment into regional markets across the UK is reflective of both investors chasing yield and the ongoing undersupply of stock.”