The Property Income Trust for Charities (PITCH) is shunning flats in favour of residential housing, with a focus on lower income households as opposed to "high end stock".
PITCH portfolio manager Simon Martindale said the demographic shift towards rental homes combined with a "significant undersupply of quality housing" provides a "big opportunity" for property investment with income resilience. IW Long Reads: Keeping The Door Open - Does The Open-Ended Property Sector Still Have Plenty To Offer? "We think there is significant depth of demand for, and a significant undersupply of, quality housing for rent, particularly stock that is managed by institutional landlords," he explained. "Most of the stock of residential property for rent is in the hands ...
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