What is Build to Rent (BTR)?

BTR properties are purpose-built residential rental properties and typically include a range of amenities like a concierge, gym, co-working spaces. BTR schemes provide homes for rent rather than for sale to owner-occupiers or individual buyers. The asset class originated from the United States, where it has become a relatively mature and very institutional product. It was brought to the United Kingdom and has grown into one of the most prominent asset classes within the UK real estate space.

Multi-family and single-family BTR

The UK BTR product can be further separated into “multi-family” and “single-family” schemes. Multi-family Build to Rent schemes, as the name entails, house multiple homes in the same buildings. While typically located in more urban areas and close to city centers, these schemes typically target young professionals. The size of multi-family schemes can largely vary ranging from around 50 units to in some cases more than 1,000 units. Depending on the scale of the scheme, homes are therefore typically studios, one-bed, two-bed or three-beds. Multi-family BTR can also contain mixed-use elements like a coffee bar on the ground floor. Single-family BTR schemes on the other hand typically house a single family. Given the nature of the tenant, these homes are larger in space than multi-family BTR homes. They are located in or near commuter towns and therefore in less urban than multi-family.

Financing Homes

Financing Homes at NIBC

Are you looking for residential property development finance or to finance rental property?

At NIBC, we offer various finance solutions, such as property investment finance to enable the investment in rental property and residential property development finance or construction financing to realise much-needed homes.

NIBC as a BTR lender

Our financing options for residential property include property development finance for new development projects, construction financing for residential property for the rental segment, and investment financing to enable investment in residential property or to refinance investment property, with ticket sizes ranging from EUR/GBP 15,000,000 to EUR/GBP 50,000,000 for projects in the Netherlands and selected cities in Europe.

For existing NIBC clients, if your property is already part of our real estate portfolio, you can access financing for residential property located in the Netherlands starting from EUR 5,000,000,-.

For smaller-scale residential investment property in the Netherlands we offer a buy-to-let mortgage through NIBC Vastgoed Hypotheek. This product serves real estate investors with financing needs between EUR 100,000 up to EUR 15,000,000.

Discuss your possibilities

Contact our relationship managers to discuss your finance options, or visit our commercial real estate page for information on financing other types of commercial real estate, such as retail property, office property, light industrial property, logistics real estate, parking real estate, residential property and hotels.

BTR properties are purpose-built residential rental properties and typically include a range of amenities like a concierge, gym, co-working spaces. BTR schemes provide homes for rent rather than for sale to owner-occupiers or individual buyers. The asset class originated from the United States, where it has become a relatively mature and very institutional product. It was brought to the United Kingdom and has grown into one of the most prominent asset classes within the UK real estate space.
The UK BTR product can be further separated into “multi-family” and “single-family” schemes.

Multi-family Build to Rent schemes, as the name entails, house multiple homes in the same buildings. While typically located in more urban areas and close to city centers, these schemes typically target young professionals. The size of multi-family schemes can largely vary ranging from around 50 units to in some cases more than 1,000 units. Depending on the scale of the scheme, homes are therefore typically studios, one-bed, two-bed or three-beds. Multi-family BTR can also contain mixed-use elements like a coffee bar on the ground floor.

Single-family BTR schemes on the other hand typically house a single family. Given the nature of the tenant, these homes are larger in space than multi-family BTR homes. They are located in or near commuter towns and therefore in less urban than multi-family.

Ljudmila Popova

European Residential Real Estate

APG | Scape

Development Financing
Greystar.

Investment Financing
Harrison Street | Apache Capital

Development Financing
Downing

Development Financing
Quintain

Development Financing
EQT Exeter | Sigma Capital Group

Development Financing
CompassRock

Investment Financing
RED Company

Development Financing
Greystar

Construction Financing
Beryllus De Terp Ontwikkeling

Development & Construction Financing
Heimstaden

Sustainability-Linked Loan
Being

Construction Financing
Amstel Living

Investment Financing
Oudendal Groep

Development & Investment Financing
Kroonenberg Groep

Investment Financing
Aurelio Real Estate

Construction Financing
DM Equity

Investment Financing
International Campus

Construction Financing
Ten Brinke | RJB

Construction Financing
Urban Interest

Investment Financing

APG | Scape

Development Financing

Greystar.

Investment Financing

Harrison Street | Apache Capital

Development Financing

Downing

Development Financing

Quintain

Development Financing

EQT Exeter | Sigma Capital Group

Development Financing

We are pleased with the support of NIBC Bank in financing this project, which represents an important next step in our contribution to the development of Amstel III. This project perfectly aligns with our vision to provide modern, sustainable, and affordable housing for starters, young professionals, and young families, while continuing to contribute to the transformation of this vibrant urban district.

Anne Wiersma | Greystar
With our growing pipeline of Morro and Scape PBSA developments, we are delighted to be able to work with NIBC for the first time alongside our existing partners Investec and APG. Our growth strategy remains ambitious as ever, and we are actively seeking new opportunities in PBSA and co-living spaces.

Adam Brockley, Founder and Chief Development Officer at Scape
We chose NIBC because we highly value their pragmatism, entrepreneurship, and flexibility!

Jasper Boot | International Campus Group
EQT Exeter is very pleased to have secured further funding which will help us to build affordable rental homes in London. We are delighted with our financing solution, which was designed to be scalable and help us to achieve our longer-term business plan and strategy.

Peter Shacalis, Managing Director EQT Exeter
NIBC recognises the significant need for new rental homes in Greater London. We are delighted to have NIBC backing together with the other lenders as we continue to expand our model of high-quality, professionally-managed rental homes that are within the means of ordinary renters.

Graham Barnet, CEO Sigma Capital Group
What we really appreciate about NIBC Bank is its flexibility, its entrepreneurial spirit and client focused and solution-oriented thinking.

Rogier Hetterschijt | International Campus Group
We have experienced a very positive collaboration with NIBC Bank. They are efficient, solution-oriented, provide customized solutions, and demonstrated a deep understanding of the complexity of our project.

Roeland Voerman | FRED Developers
NIBC Bank distinguishes itself from competitors through their true understanding of transformation projects and the time and cash flow this requires. They are very experienced with these type of development financings, which is why they understand the dynamics involved and can respond accordingly.

Steven Zeeman | LIFE Europe BV
We have experienced a very positive collaboration with NIBC Bank. They are efficient, solution-oriented, provide customized solutions, and demonstrated a deep understanding of the complexity of our project.

Roeland Voerman | FRED Developers

We are pleased with the support of NIBC Bank in financing this project, which represents an important next step in our contribution to the development of Amstel III. This project perfectly aligns with our vision to provide modern, sustainable, and affordable housing for starters, young professionals, and young families, while continuing to contribute to the transformation of this vibrant urban district.

Anne Wiersma | Greystar

With our growing pipeline of Morro and Scape PBSA developments, we are delighted to be able to work with NIBC for the first time alongside our existing partners Investec and APG. Our growth strategy remains ambitious as ever, and we are actively seeking new opportunities in PBSA and co-living spaces.

Adam Brockley, Founder and Chief Development Officer at Scape

We chose NIBC because we highly value their pragmatism, entrepreneurship, and flexibility!

Jasper Boot | International Campus Group

EQT Exeter is very pleased to have secured further funding which will help us to build affordable rental homes in London. We are delighted with our financing solution, which was designed to be scalable and help us to achieve our longer-term business plan and strategy.

Peter Shacalis, Managing Director EQT Exeter

NIBC recognises the significant need for new rental homes in Greater London. We are delighted to have NIBC backing together with the other lenders as we continue to expand our model of high-quality, professionally-managed rental homes that are within the means of ordinary renters.

Graham Barnet, CEO Sigma Capital Group

What we really appreciate about NIBC Bank is its flexibility, its entrepreneurial spirit and client focused and solution-oriented thinking.

Rogier Hetterschijt | International Campus Group

NIBC and Investec Collaborate to Support APG and Scape’s Co-Living Project in Walthamstow

NIBC Joins Precede Capital Partners and Nomura in Financing Moda Living's Great Charles Street Build to Rent Development in Birmingham

NIBC Joins Precede and Nomura in £227m Financing of Downing Living's First Street Co-Living Development in Manchester

NIBC Joins JPMorgan and Quintain in Development Financing of two new Build to Rent properties at Wembley Park in London

EQT Exeter & Sigma Capital Group Client Case

EQT Exeter & Sigma Capital Group | Facilitating financing for 3000 Build-to-Rent homes in Greater London

Experience since 1945

Financing €/£15m-€/£50m

Geography