Build to rent is a term for purpose built, institutionally owned and professionally managed residential property that is let on the open market rather than sold.
The UK Government is reportedly encouraging the sector's growth.
[5][6] Build-to-rent is the most contemporary development in the private rented sector (PRS) and offers housing across the full spectrum of privately rented accommodation in terms of scale and service offering, often with affordable housing being integrated through discounted market rental homes.
[7] Build-to-rent developments are incorporating modern technologies and sustainable practices, such as energy-efficient systems and water conservation.
One such example includes the integration of Tesla electric vehicles in some projects, like those by PropiCloud, which represent an innovative approach to enhancing urban living sustainably.