Criterion’s 3rd Build to Rent conference brought together 100+ key stakeholders from across Australia’s BTR industry to share best practices on planning, design, delivery, operations and financing models. The event is an established platform providing a holistic insight into the opportunities, barriers and the potential for growth of the BTR asset class in Australia. The past … Continue reading 3rd Build to Rent Summit – Event Wrap-up
The USA’s demand on the multifamily/ build to rent market remains high, despite being 10 years post recession and increased rental costs at an average of 3.3% per year. The country has also seen high levels of new supply, yet the vacancy rate has remained under 5% for the past five years. Colleen Pentland Lally, … Continue reading Similar conditions in the USA and Aus to drive BTR demand: CBRE’s Colleen Pentland Lally
The Build-to-Rent housing model has quickly been adopted by the United Kingdom and United States, and Australia is now beginning to realise the opportunities it offers. Given Australia’s current housing affordability, BTR assets will be highly sought after when they emerge on the marketplace. The benefits of BTR to both tenants and property owners are … Continue reading Benefits of Build-to-Rent to Local Government
Our Build to Rent Breakfast Briefings ran last week in Sydney, Brisbane and Melbourne. Each breakfast brought together a room full of developers, architects and strategists to discuss common challenges and the future of the BTR sector in Australia. You can download some of the key discussion points from the Sydney Breakfast Briefing here: Watch … Continue reading Build to Rent Breakfast Briefings – Sydney Takeaways
New Ground Capital is making waves in NZ housing market by realising the untapped potential of Build to Rent investment. Originally founding New Ground Capital to leverage his skills in the financial markets in a meaningful way, Roy is committed to completing the establishment of the Build to Rent sector in the NZ housing market, … Continue reading Exploring new ground – Roy Thompson on BTR evolution in ANZ
Build to Rent or Multifamily Housing is an asset class that has long enjoyed success in the US and more recently the UK. While its name is obscure, overseas markets provide a clear pathway for success. As State Governments in Australia tentatively dip their policy toes into the water, the global property industry is poised … Continue reading Build to Rent – a mysterious name but a clear path for success
The United Kingdom, much like Australia has been slow to adopt the BTR model. Cultural bias towards ownership, low rental yields, favourable tax treatment towards private investors, you name it and the same reasons have been provided in both countries for why it will never happen. Yet in the past 5 years the UK’s adoption … Continue reading What lessons can Australia learn from the UK’s Build to Rent Sector?
Policy Spotlight on the UK By Ian Fletcher, Director of Real Estate Policy, British Property Federation What were the drivers which enabled Build to Rent to grow as an asset class in the UK? I would love to claim it was all the result of excellent policy work. Certainly successive governments have been supportive … Continue reading Policy Spotlight on the UK