There is a positive correlation between build to rent developments with higher rents and a higher level of satisfaction, likely because properties with higher rents had better amenities, according to a report by CBRE based on build-to-rent homes in London.
It didn't measure the performance based on operators, instead finding that all BTR developments are performing well in this area, regardless of rental level. Professional BTR management is a large driver of residents into the sector, the report said.
Higher rents were also charged in higher-quality neighborhoods, which could also have impacted higher resident satisfaction.
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