Build-to-rent is one of the fastest-growing property categories in London and one of the most marketing-intensive. A typical London BTR building has 200 to 500 rental units that need to be filled within 12 to 18 months of completion, with tenant churn of 15 to 30 percent annually thereafter requiring ongoing marketing to maintain occupancy. The marketing job never stops, and the operators that run it well achieve 95+ percent occupancy as a steady state. The operators that run it badly carry vacancy that drains returns for years.
This post covers the practical playbook for marketing a London build-to-rent building. Different from sales marketing, different from traditional lettings, and built around the specific dynamics of the BTR product.