Build-to-rent apartments comprise more than half of the forecast apartment supply coming into the Melbourne market in the next three years, despite commanding a premium of up to 26 per cent over the higher-end rental properties, property advisory firm Charter Keck Cramer says.
According to Charter Keck Cramer national executive director Richard Temlett, build-to-rent developers are in a better position to deliver supply compared with their peers developing build-to-sell projects.