NewsBite

Build-to-rent housing

August

Australia has a ‘thousand levers’ to pull to increase new home supply

Governments must create an environment that makes it easier to add more housing, including bringing in more skilled tradies, says Mirvac’s development head.

  • Michael Bleby

Developers turn to micro apartments to fix housing crisis

Well-designed apartments smaller than 32 square metres can be rented out to singles and couples at rates below the market.

  • Larry Schlesinger

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.

  • Nick Lenaghan

July

Build to rent projects could account for a sizeable proportion of much-needed apartment projects.

Build-to-rent starts tumble as high costs take a toll

But by the end of the decade, build-to-rent housing could hit its next growth spurt, accounting for nearly 20 per cent of apartment starts.

  • Nick Lenaghan

June

In a land lease estate, such as this one in Melbourne, the owner owns their home, but leases their land.

Macquarie joins rush into land lease sector after $2.9b raising

Macquarie Asset Management’s new global fund will invest in a land lease business on the East Coast alongside investments in logistics and rental housing

  • Larry Schlesinger
Advertisement

May

Matt Carolan in Sydney, where his new platform will focus its initial efforts.

Dutch pension fund giant puts $700m into Sydney build-to-rent start-up

Apt.Residential has won the backing of PGGM, which has committed $700m to the rollout of 2500 apartments.

  • Larry Schlesinger
Victorian Premier Jacinta Allan (centre) with Planning Minister Sonya Kilkenny in Melbourne on Monday.

Victoria open to tax breaks to boost home building

Premier Jacinta Allan says her Labor government is open to pulling every lever available to boost housing supply, after developers called for taxation tweaks to boost investment.

  • Gus McCubbing

October 2023

Investors could be elbowed out by big build-to-rent players: Jarden

As tenancy regulations shift in favour of renters, raising standards and offering greater security, major BTR players be advantaged over traditional residential investors.

  • Nick Lenaghan
A render image of the recently completed Dickson Village.

Aware shows glimpse of BTR value in $158m village deal

The $160 billion superannuation fund has acquired a newly completed village containing build-to-rent apartments in bid to grow its holdings of the increasingly popular category.

  • Campbell Kwan

GPT to run $1b student digs portfolio as rents rise

GPT’s move into rental housing in the form of student digs comes amid increasing institutional interest in that sector.

  • Nick Lenaghan

September 2023

Jan Smits: Build to rent a natural extension for Pro-invest.

Hotel developer Pro-invest plans big move into build to rent

Pro-invest will leverage off its expertise in developing and operating 6000 hotel rooms and launch into the build-to-rent apartment market this year.

  • Larry Schlesinger

Global funds giant PGIM revs up co-living housing plans

Global property funds powerhouse PGIM Real Estate has joined forces with the founders of trendy modular hotel chain Tribe to roll out a portfolio of co-living facilities, at the affordable end of the growing build-to-rent sector.

  • Nick Lenaghan
Developers plan to build two build-to-rent tower blocks at London’s Knight Dragon Greenwich Peninsula development site.

Build-to-rent investors swoop in as UK squeezes small landlords

Britain’s generation of renters continues to expand while the pool of traditional landlords dwindle.

  • Damian Shepherd
Vicinity Centres CEO Peter Huddle at the launch of the new entertainment and dining precinct at Chadstone in March

Vicinity hunts capital partner for $1b build-to-rent focused platform

Potential backers are being told Vicinity would consider tipping in its Buranda Village retail precinct, located five kilometres from the Brisbane CBD.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Crown Group’s Mastery development was sold for $121 million to Aware Real Estate.

Aware Real Estate buys Crown Group’s Mastery site for $121m

The acquisition by Aware Super’s property platform will bulk up its burgeoning property portfolio, which is already at about $2 billion.

  • Nila Sweeney
Advertisement

August 2023

This firm focused on BTR for budget retirees - and it paid off

Eureka’s budget build-to-rent portfolio distinguished itself with a healthy 33 per cent increase in its portfolio valuation to $229 million, a contrast to the asset write-downs experienced by many of its larger peers. 

  • Nick Lenaghan
Decades of strategic failures by governments has left Australia a land-rich, housing-poor nation.

PM must drive a wooden stake through the rent control vampire

Instead of sucking the life out of housing supply, national cabinet should purse four practical steps to improve it.

  • Mike Zorbas

July 2023

Safe and steady returns a winning formula for build-to-rent

Surging foreign investment along with a crisis in housing supply have combined to throw fresh attention onto investment returns in the fast-growing BTR sector.

  • Nick Lenaghan

Sentinel plugs $300m housing project into biomedical precinct

Institutional interest in the build-to-rent sector has been turbo-charged by soaring rental growth and a shortage of housing.

  • Nick Lenaghan

June 2023

Housing-squeezed UK sizes up factory-built homes

A hit TV show made the idea popular, then a corporate crash cast some shade. Are modular homes still the solution to the housing squeeze?

  • Hans van Leeuwen

Original URL: https://www.afr.com/topic/build-to-rent-housing-6g2a