Birmingham on the up: Residential development is on the rise in Birmingham city centre, buoyed by strong demand for high-end BTR homes.

Residential development in Birmingham city centre is experiencing growth due to high demand for high-end build-to-rent (BTR) homes. Major projects include Moda Living's The Mercian and the upcoming Octagon and One Eastside developments. The city's repositioning efforts, such as the Paradise Birmingham regeneration scheme, have attracted big-name employers and helped fuel demand for residential property. Birmingham's residential market remains resilient despite challenges, with rising rental values and a shortage of housing stock. The prospects for the residential market in Birmingham are positive, with a strong job market and a younger population. [Extracted from the article]