======UK Real Estate View - BTR Rent Projections 2020-24======
The report projects a rebound and recovery in UK BTR rental growth post-COVID-19, with growth expected to outpace CPI inflation over a 5-year horizon.\\ 
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^  Quick Facts  ^^
|Report location:  |[[https://www.legalandgeneral.com/landg-assets/institutional/real-assets/_old/_resources/files/uk-real-estate-view---btr-rent-projections-2020-24.pdf|source]]   |
|Language:  |English  |
|Publisher:  |[[encyclopedia:legal_general_investment_management|Legal & General Investment Management]]  |
|Publication date:  |November 12, 2020  |
|Authors:  |Michael Adefuye  |
|Time horizon:  |2024    |
|Geographic focus:  |United Kingdom, London   |
|Page count:  |6  |

=====Methods=====
The research method involved analyzing rental indices from ONS, Countrywide, and Homelet, and considering LGIM's "U" shaped economic recovery scenario. Historical rental market resilience post-economic downturns was also examined.\\ 
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=====Key Insights=====
The report analyzes the UK Build to Rent (BTR) sector's rental growth projections from 2020 to 2024, considering the impact of the COVID-19 pandemic. It suggests that while the pandemic will cause a short-term shock to rental growth, the sector will experience a rebound and steady recovery over the next five years. The report bases its projections on a "U" shaped economic recovery scenario, predicting a severe fall in global GDP in 2020 followed by a partial recovery in 2021. Key takeaways include a base case projection of 1.8% per annum rental growth in London and 1.7% in the rest of the UK, outpacing CPI inflation projections. The report also discusses the resilience of the rental sector in past economic downturns, the potential impact of COVID-19 on rental supply and demand, and the structural changes that may influence the sector's future.\\ 
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=====Additional Viewpoints=====
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<span #categories_box> Categories:  {{tag>2020_publication_year}} |  {{tag>2020s_time_horizon}} |  {{tag>2024_time_horizon}} |  {{tag>English_publication_language}} |  {{tag>London_geographic_scope}} |  {{tag>btr_rental_growth}} |  {{tag>covid-19_impact}} |  {{tag>cpi_inflation}} |  {{tag>economic_recovery}} |  {{tag>homeownership_barriers}} |  {{tag>housing_supply}} |  {{tag>real_estate}} |  {{tag>rental_affordability}} |  {{tag>rental_demand}} |  {{tag>rental_market_resilience}} |  {{tag>united_kingdom_geographic_scope}} |  {{tag>urban_living_appeal}}   </span>  


~~DISCUSSION~~