Global Rental Housing Market Overview:
Rental housing is defined as homes purchased by an investor and occupied by tenants under a lease or other type of rental agreement. Residential property is land zoned specifically for living or dwelling for individuals or households; it can range from single-family homes to large multi-unit apartment buildings. The growing influx of migrants from non-metro cities to metro cities for occupational and educational purposes is driving the rental housing market. This has significantly increased the demand for affordable rental spaces near workplaces or educational institutions. This has also given rise to the concept of co-living.
|Unit||Value (USD Million)|
|Key Companies Profiled||CBRE Group (United States), American Tower (United States), Greystar Real Estate Partners (United States), Colliers (Canada), Lincoln Property Company (United Kingdom), Purplebricks (United Kingdom), Your Move (United Kingdom), Connells (United Kingdom), Grand City Properties (Luxembourg) and Foxtons (United Kingdom)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Increase in Demand from Migrants from Rural Areas to Metropolitan Areas for Occupational and Educational Purposes
- Rising Prices of Land, Houses and Flats Especially in Tier 1 Cities
- Lack of Affordable Rentals in High-Cost Metros
- Rising Opportunities in Emerging Economics
- High Competition among Established Players
- High Fees Charged by Real Estate Agents
The demand for rental housing is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes CBRE Group, American Tower, Lincoln Property Company and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as CBRE Group, American Tower and Lincoln Property Company demonstrate a market-defining vision of how rental housing can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are CBRE Group (United States), American Tower (United States), Greystar Real Estate Partners (United States), Colliers (Canada), Lincoln Property Company (United Kingdom), Purplebricks (United Kingdom), Your Move (United Kingdom), Connells (United Kingdom), Grand City Properties (Luxembourg) and Foxtons (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Alder Real estate (Germany), Dexters (United Kingdom) and Bridgfords (United Kingdom). Analyst at AMA Research see United Kingdom Players to retain maximum share of Global Rental Housing market by 2027. Considering Market by Tenure, the sub-segment i.e. Leasehold will boost the Rental Housing market. Considering Market by Category, the sub-segment i.e. Fully Furnished will boost the Rental Housing market. Considering Market by Floor Area, the sub-segment i.e. 0 to 50 square metres will boost the Rental Housing market.
Latest Market Insights:
In December 2021 Greystar Real Estate Partners LLC had announced the acquisition of a portfolio from The Finger Companies. This acquisition expands Greystar's Sunbelt position, with assets mostly in Houston, but also in Atlanta and Dallas. In developing metro areas, the assets include garden-style, mid-rise, and high-rise building. The properties in this portfolio are very well-built and well-located, providing even more options for Greystar's existing and future residents.
It has been identified that rentals has grown at an average of 7.5% in recent years as people have factored the housing market and are not willing to take mortgage burden or loans.
What Can be Explored with the Rental Housing Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Rental Housing Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Rental Housing
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Rental Housing market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Rental Housing market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Corporate Entities, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Rental Housing Market?
The Rental Housing market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Rental Housing Market?
Top performing companies in the Global Rental Housing market are CBRE Group (United States), American Tower (United States), Greystar Real Estate Partners (United States), Colliers (Canada), Lincoln Property Company (United Kingdom), Purplebricks (United Kingdom), Your Move (United Kingdom), Connells (United Kingdom), Grand City Properties (Luxembourg) and Foxtons (United Kingdom), to name a few.
3. What trending factors would impact Rental Housing Market growth most?
"Emergence of Co-Living" is seen as one of major influencing trends for Rental Housing Market during projected period 2021-2027.