From homes to assets: Transcalar territorial networks and the financialization of build to rent in Greater Manchester

Over the last decade, Greater Manchester's city-regional centre has become an important site for build to rent (BTR) housing development in UK. The growth of this new tenure raises empirical and conceptual questions about how far through what means BTR extended post-industrial cities like Manchester, as well theorise global–local relations involved development. Drawing on a self-built database 155 projects incorporating 45,069 units, we show that new-build units have outpaced ‘build sell’ (BTS) almost two one since 2012. We also found stronger international investment relative BTS, illustrating BTR's more globalised financialised form. Our paper understands Manchester outcome transcalar territorial network – assemblage national policy objectives, local state actors’ urban regeneration activity heterogenous global investor groups with different priorities all seeking return. highlight role subsidies authority joint ventures constructing territory conducive Manchester. fungibility assets ‘networked product’ widens appeal type, broadening deepening financialization.