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Build-to-rent completions up in Scotland but units under construction drop 15% in a year
SPF warns of ’pipeline exhaustion’ and blames planned rent controls
A real estate industry body has warned of “pipeline exhaustion” in the Scottish build to rent sector, as the number of units under development 15% in a year despite a significant rise in completions.
Analysis by the Scottish Property Federation (SPF) and Savills put the number of homes under construction in the second quarter of this year at 2,101, down from 2,472 in the same period last year.
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