UK Living Marketbeat Reports

Key Takeaways for Q1 2026

• £2.6bn of transactional activity across the living segments in Q1 2026, just under 25% of total UK investment volumes.
• Heightened geo-political uncertainty is feeding into investor caution, but given the rising allocations to the living segments, transactional activity should remain resilient.
• PBSA investment volumes boosted by sale of Empiric Portfolio, but falling overall occupancy rates means investor demand more mooted
• BTR transactional activity hit £700mn in Q1 2026, slightly down from Q1 2025, but with some large deals in progress, we expect volumes to pick as we progress through the year.
• The largest BTR regional standing asset traded in Q1 in Reading, at £200mn acquired by PIC. This reflects the continued weight of capital targeting the segment, and also the increased activity of pension and insurance capital in the space.