Build to Rent (BTR) is an ever-increasing real estate term that brings together a whole range of new functions to the residents. BTR focuses on the new worker: freshly graduated, with a certain income range and a solid understanding of the benefits an expanding network may have on their future, not only at work but in their place of residence too.
BTR schemes are attracting a specific generation, one that wishes to ease some hassle and pay for all-inclusive accommodation. All-inclusive can mean having all the utility bills included in the monthly rent, but it can also now mean having access to the buildings coworking spaces, meeting rooms, cinema room, or resident-only gym. These added amenities are what really make BTR schemes stand out from the usual landlord-tenant accommodation.
BTR schemes want to embrace the local community by attracting local businesses into the building/s, for example, by having retailers and small businesses rent ground spaces to showcase their products. By bridging the gap of the outside with the inside, these new developments will allow communities to thrive and feel like they’re a part of their own small village.
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