This Month
Lendlease counts on Baby Boomer demand for luxury apartments
CEO Tony Lombardo says the builder, developer and investor is looking firmly at downsizers, because interest rates don’t bother them.
Why you can have a pet – but no car – in build to rent
Good public transport access is key to Australian build-to-rent housing and car parks aren’t crucial. But that will change as the sector broadens.
January
GreenFort Capital buys two Queensland land lease sites
The fund manager wants to balance its housing offering for downsizing over-50s with other sectors such as retirement and build-to-rent.
Residential development gets an $800 million new year kick
The latest chunk of money ploughed into the country’s chronic housing shortage shows Australian build-to-rent is now a mainstream sector for overseas capital.
December 2024
5 opportunities for commercial property investing in 2025
Sydney hotels, data centres and regional shopping centres are among the segments tipped to grow next year.
New tax laws no silver bullet for build-to-rent, NAB warns
Last week’s legislation halving the tax rate for foreign investors is a good start, but rival Macquarie agrees other factors also drag on projects.
October 2024
Doing more with less will not solve the housing crisis
Building costs have stopped rising quickly, but could easily take off again if builders are bidding for labour and materials against our other good causes.
October 2024
Giant $1.5b build-to-rent housing project slated for Marrickville
The massive project is put forward as a state significant development. Fully funded, work can begin as soon as approval is granted by the NSW government.
NSW’s new planning rules swap unloved offices for 450 homes
The state government’s powers clear the way to seize planning controls of “unreasonably delayed” sites.
Lendlease signs Japanese partner for $500m build-to-rent tower
Lendlease is pairing Australia’s housing development demand with the investment needs of companies like Nippon Steel Kowa Real Estate to back its own turnaround.
Ontario Teachers, Hines buy two BTR projects in Brisbane for $350m
Despite headwinds in the build-to-rent sector, institutional investors remain interested and a wave of consolidation is under way.
September 2024
Build-to-rent units to dominate this major city in three years
Build-to-rent apartments will overtake the supply of build-to-sell apartments in the next three years amid rising construction costs, according to Charter Keck Cramer.
Apartments will boost housing numbers – if they’re viable
Conditions are improving and developers are dusting off plans and preparing new projects. But it’s not yet clear if they will all go ahead.
Build-to-rent sector faces wave of consolidation
Rising costs and limited capital could force some operators in the sector to exit the market.
Lendlease chief says critics ‘got it 80 per cent right’
Under pressure from major investors like John Wylie and David Di Pilla, the country’s largest property group is selling more than $4.5 billion in assets
August 2024
Is rent-to-own a better option than build-to-rent?
Build-to-rent can provide housing at scale, but some like Sydney architect James Alexander-Hatziplis believe there should also be a pathway to homeownership.
Deals in build-to-rent market ready for lift-off, says US giant
Build-to-rent housing is potentially a big contributor in efforts to plug the country’s chronic housing shortfall which has sent rents skyrocketing.
July 2024
A solution to the athletes village conundrum might be on the Gold Coast
Paris’ capital-light infrastructure plan for the 2024 Olympics has been a great success. But plans to turn the village into new housing faces a new hurdle.
June 2024
Why AustralianSuper isn’t investing in build to rent
The head of the country’s largest industry super fund says risk and scale are crucial factors for any investment it considers – and that’s an issue with BTR.
Apartment sales boom – in the $1 million-plus price range
Soaring materials and financing costs are making most apartment projects unviable. But there’s a niche of the development market that is booming.