October
Upmarket Crowne Plaza slated for Sydney’s ‘second CBD’
Parramatta is humming as business activity grows and the stadium’s calendar gets busy. A $750m two-tower project will host a hotel and build-to-rent apartments.
Japanese firm Marubeni joins Docklands build-to-rent project
It is one of three companies from the Asian nation partnering with Sydney investment firm AsheMorgan to deliver the $600 million project.
The US rentals giant with a plan for 10,000 student beds
The target might look ambitious, but it would still be just a fraction of the 1 million rental units that Greystar has under management globally.
September
Commonwealth Bank lends $168m to a Sydney build-to-rent developer
About 300 rental apartments and a 4000-square-metre neighbourhood retail centre anchored by Coles will be delivered by apt.Residential in the city’s north-west.
Coming soon: 8000 new homes on a short stretch of Parramatta Road
The infamous Sydney road artery will get more homes under the latest chunk of the Minns government’s higher-density plan.
‘The Qantas Club is very busy’: Property fundies tap Japanese capital
Investa has secured backing from Japan for a studio apartment development in Sydney in the latest example of the country’s appetite for Australian real estate.
August
Built-to-rent boom hits $30b amid housing squeeze
The sector expanded by one quarter, or around $9 billion, in Australia in the past year as major players invested into the housing shortage.
July
Build-to-rent developer Novus wins Japanese backer for next project
It is part of a growing wave of investment from Japan into the property sector – from office towers to housing estates. Build-to-rent is especially popular.
Lifestyle Communities hardly a villain in Australia’s housing story
If we remove or restrict land lease models, the only people who lose are those who will be priced out.
Aware Super doubles down on rentals in $285m bid for tower
Build-to-rent assets continue a hot run as Aware partners with Barings to try and nab a $285 million tower with subsidy backing from the state government.
June
Pubs giant Endeavour plans to build 30-storey Brisbane apartment tower
The hospitality conglomerate is entering the residential space with its proposed tower, which it hopes to have built before the 2032 Olympic Games.
Pro-invest, Kajima plan $1.5b build-to-rent portfolio
Japanese investment in the Australian housing story is deepening, with the latest partnership aiming to supply a much-needed mid-market rental product.
This architect is building for himself – at a quarter of the cost
Luigi Rosselli is the designer of one of Sydney’s most controversial homes, but for his own investment, he’s using a novel material to build on the cheap.
May
Grollos put Mount Buller hotel stake up for sale
The developer of Victoria’s alpine regions plans to sell assets for the first time to a small investor. But it has plans that involve big investors, too.
Gurner to go global with plans for wellness clubs in the US, Dubai
The Rich Lister is also introducing high-tech “bio-hacking” wellness amenities to his latest build-to-rent apartment building in Melbourne.
Poll result bumps off build-to-rent critics
Labor’s decisive election win has injected new confidence into build-to-rent by removing two of the sector’s leading opponents from federal parliament.
April
Novus seeks $1b for Sydney Metro-adjacent build-to-rent projects
The group has hired Jarden and Cushman & Wakefield to oversee the international capital raising process.
Build-to-rent developers eye fewer amenities but cheaper rents
Projects without all the “bells and whistles” can achieve higher retention rates for landlords.
March
Inside Macquarie’s $237m punt on the east London riverside
It has taken four years, but the wealth giant’s British build-to-rent vehicle Goodstone Living seems to be finding its feet – on the site of a famous former Ford factory.
February
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.