Investors in build-to-rent residential are looking to take advantage of a subdued apartment market and slower commercial development to secure high density development sites large development sites, driving momentum into a sector that has until now has struggled to gain traction.
The post-COVID opportunity in Australia is comparable to the UK after the Global Financial Crisis put the reins on private apartment development and saw build-to-rent grow into an institutional asset class.
Managers say build-to-rent apartments will transform the renting experience.
Leigh Warner, JLL’s head of residential research, and James Greener, a fund manager in build-to-rent at Investa, explore the sector, and the opportunities further with Perspectives podcast host Rebecca Kent.
JLL Perspectives