The number of households renting privately has increased by nearly 50% in just five years, according to a new report, which estimates that an additional £57bn funding will be needed per year if the sector is to provide the homes needed to meet demand.
The Jones Lang LaSalle report, however, notes the positive moves by Government - through the Montague Review and changes to the Real Estate Investment Trust structures - to reduce the barriers to institutional investment in the sector.
The report estim...
