Build To Rent

Helen Gordon The UK’s new Build To Rent initiative, which sees institutions fund and manage purpose-built accommodation for the Private Rented Sector (PRS), has received its second big investment in as many days.

The City of Edinburgh Council has granted planning consent for plans to build up to 400 new homes at Fountainbridge, according to developers. The Grosvenor Group said the consent unlocks the potential for its proposed build-to-rent scheme in the former industrial area close to the city centre.