Build to Rent: Hedge appeal?

We believe that the inflation hedging characteristics of real estate lie in the ability of the asset to benefit from strong occupier demand and grow income as a result. We see the residential sector as one of the best placed sectors within real estate to do this.

The needs-based occupier demand for housing, particularly in the UK, with its fundamental imbalance of demand and supply, allows for resilient and potentially growing occupier demand despite slowing UK growth.