Do you know what built to rent is?

We've already talked about built-to-suit here at REsource, and now it's time to talk about another term that is on the rise: what is built-to-rent and how this concept works within the real estate market.

The concept is widespread in countries like the United States and England, and it first appeared on the market around 2012, when London hosted the Olympics.

Outside, the real estate market is already more than used to this type of movement. For example, built-to-rent represents about 80% of the rental segment within the American real estate scenario in the United States.

However, in Brazil, it is still something new, and that is taking its first steps. With the self-explanatory name, the property is designed with the specific purpose of being rented.

As an advantage, in addition to bringing an attractive property to those whose only objective is to rent, this concept also looks to improve the region where the property is located, creating a kind of "micro-community" in and around the property.

In Brazil, everything is still very new, but we already have some developers and architectural firms working on projects along these lines. Many of these companies have partnerships with international funds, such as JFL Living, which is part of the JFL Realty group (a company in the multifamily segment and private equity investment manager).

Want to learn more about the commercial real estate market? Keep following SiiLA on social media, and send us your story suggestion by emailing us at comunicacao@siila.com.br