The latest Birmingham Market Research Report from GAA Living found that the city’s build to rent (BTR) sector offered strong investment opportunities, supported by population growth and shifting demographics.
Birmingham’s population grew by 6.9% over the past decade, adding 72,000 new residents.
Another 46,408 people were expected to arrive by 2032, increasing demand for housing, infrastructure and public services.
The report found a projected compound annual growth rate of 18-23% over 10 years.
Average earnings stood at £35,100, with more than 440,000 residents aged 25-44 making up the largest group needing BTR homes.
Clusters of BTR schemes were already operating in Digbeth, Southside, the city centre and Broad Street, with 19 schemes open from operators including Touchstone, Moda Living, Savills, JLL, Urbanbubble, Grainger and Dandara Living.
More developments were in the pipeline, with planning permission granted or under construction.
Digbeth and Southside continued to lead on regeneration, making them key for BTR schemes.
City centre projects such as Great Charles Street, The Octagon and Smithfield were also boosting activity in the sector.
Ronak Rawal, senior director at GAA, said: “A growing population and substantial income gains look set to make BTR options increasingly affordable in Birmingham over the next decade.
“The city holds enduring appeal to young professionals and this widening pool of mid-market tenants supports sustained BTR demand, signalling a notable opportunity for investors.”
