BTR operator Get Living saw revenues grow 40.3% year-on-year to £99.2m with net profit soaring by 134.6%, for the 12 months to 31 December 2022. In its full year results the company reported net profit of £136.3m compared with £58.1m for the year end 2021.
Rick de Blaby, chief executive officer of Get Living, said: “These record results are a clear reflection of the success and operational scale that Get Living has built following a decade of investment in building the neighbourhood portfolio and the operational platform. Our original mission at the outset was to disrupt and improve the rental sector for residents, by providing high-quality, energy-efficient homes within vibrant public realm, at scale, with transparency and security of tenure.
“Our neighbourhoods deliver on this ambition, providing homes and a compelling proposition to a broadening demographic, consequently delivering strong and reliable returns to investors. Our mission today, to create neighbourhoods that provide the opportunity for people who want to be part of a community where they can come together, connect and know they can belong, reflects the evolution of our offer for both residents and wider communities.
“Underpinning this is our clear commitment to ESG and, as long-term stakeholders in the areas in which we invest, we are focused on minimising our environmental impact and delivering a positive social contribution to the wider community.”
