01·L
Insights
8 more on file
Letters from the roll.
Quarterly letters, market notes and plain guides, written by the people who collect the rent.
02·N
By the numbers
Q3 2026
The quarter in four figures.
Taken from this quarter’s letters. Each one links back to the building or the rule behind it.
Rents raised
31
At renewal, within local caps
Evictions
0
Two Berlin tenants on payment plans
Homes added
32
Calle Lagasca 48, Madrid
Illustrative data. Capital at risk; past distributions do not predict future returns.
03·I
All letters
Letter · Market · Guide
All we’ve written.
Filter by kind. Letters report the quarter, market notes read the rules, guides explain the fund.
All
8
Letters
2
Market
2
Guides
4
04·E
Letters by email
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