The build-to-rent sector is facing a wave of consolidation even before it can take off, as surging costs and rising competition squeeze investment returns.
Major build-to-rent (BTR) developers and operators Mirvac, Greystar and Aware Super told The Australian Financial Review Property Summit audience this week that while prospects for the sector remained robust, its challenges were mounting.
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Nila Sweeney was a property reporter at The Australian Financial Review.
