Yesterday
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.
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.