Business
Build-to-rent surge will change apartment living for Australians, but for better or worse? – The Conversation AU
The rise of build-to-rent development will affect a lot of Australians. Despite the rosy promises, tax, design, planning and tenancy reforms will be needed to avoid…
Australias emerging build-to-rent sector is growing booming by some accounts with a 70% jump in value in the past year. Under this model, institutional investors develop purpose-built rental apartments to retain and operate under single ownership. In Australia, it will change how apartments are designed and developed, how we are housed and how our tenancies are managed.
With 40 projects under way, an estimated 15,000 units worth more than A$10 billion are in the pipeline. Site availability has…
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