This Month
- Exclusive
- Financing
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.
- Michael Bleby
October
- Opinion
- Chanticleer
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.
- Anthony Macdonald
October
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.
- Nick Lenaghan
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.
- Campbell Kwan
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.
- Michael Bleby
Ontario Teachers, Hines buy two BTR projects in Brisbane for $350m
Despite headwinds in the build-to-rent sector, institutional investors remain interested and a wave of consolidation is under way.
- Michael Bleby
September
Build-to-rent units to dominate this major city in three years
Build-to-rent apartments will overtake the supply of build-to-sell apartments in the next three years amid rising construction costs, according to Charter Keck Cramer.
- Nila Sweeney
Apartments will boost housing numbers – if they’re viable
Conditions are improving and developers are dusting off plans and preparing new projects. But it’s not yet clear if they will all go ahead.
- Michael Bleby
Build-to-rent sector faces wave of consolidation
Rising costs and limited capital could force some operators in the sector to exit the market.
- Nila Sweeney
Lendlease chief says critics ‘got it 80 per cent right’
Under pressure from major investors like John Wylie and David Di Pilla, the country’s largest property group is selling more than $4.5 billion in assets
- Michael Bleby
August
Is rent-to-own a better option than build-to-rent?
Build-to-rent can provide housing at scale, but some like Sydney architect James Alexander-Hatziplis believe there should also be a pathway to homeownership.
- 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
A solution to the athletes village conundrum might be on the Gold Coast
Paris’ capital-light infrastructure plan for the 2024 Olympics has been a great success. But plans to turn the village into new housing faces a new hurdle.
- Michael Bleby
June
Why AustralianSuper isn’t investing in build to rent
The head of the country’s largest industry super fund says risk and scale are crucial factors for any investment it considers – and that’s an issue with BTR.
- Michael Bleby
Apartment sales boom – in the $1 million-plus price range
Soaring materials and financing costs are making most apartment projects unviable. But there’s a niche of the development market that is booming.
- Michael Bleby
May
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
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
FIRB changes are fine but please fix tax: investors
Changes to the foreign investment regime to boost investment in rental housing may count for little if tax settings remain a handbrake.
- Nick Lenaghan and Larry Schlesinger
April
BTR push in Sydney’s west gains steam despite flood risks
The NSW planning department concluded that increasing housing supply outweighed potential risks such as flooding for one BTR project.
- Campbell Kwan
Blackstone’s $15b apartment bet spurs sector-wide rally
BTIG analyst Michael Gorman said Blackstone’s decision “is likely to spur additional bullish sentiment for the group”.
- Patrick Clark
