10 FLOOR, 60 ALBERT ROAD, SOUTH MELBOURNE, VIC, 3205, AUSTRALIA
WHO OWNS A BUILD TO RENT (BTR) DEVELOPMENT?
Many private investors have been looking to get in on the action and invest in BTR projects. However, more often than not, accredited investors in BTR are limited to making private equirty placements with BTR developers direct, or by purchasing shares in funds that specialise in BTR projects.
By it's nature, BTR development are in single holding ownership, and do not offer any units for sale.
Big offshore players include funds and firms such as Greystar, APG, Ivanhoe Cambridge, GIC, UBS, Blackstone, Morgan Stanley, Oxford, Hines, Frasers and Sentinel, while domestically Homecorp, Investa, Qualitas, Gurner, Vellum, Urban Property Group, Mirvac, Cromwell, Perri, Pellicano and Meriton are some of the active players.
Private real estate funds, developers, industry superannuation funds, global Sovereign Funds and Sovereign Pension Funds are all declaring their interest in the new Build to Rent Australian housing asset class.
Both smaller private investors familiar with residential development and larger listed entities are developing BTR projects in Australia.
There are many BTR developments in varying stages of development across the country including:
- Home Apartments Richmond, Southbank, Docklands: Homeapartments.com.au
- Greystar; Claremont Tower, South Yarra: Greystar.com
- Mirvac; LIV Munro: Livmirvac.com/LIV-Munro
- Mirvac; LIV Aston Livmirvac.com/LIV-Aston
- Mirvac; LIV Brunswick: Livmirvac.com (register your interest)
- Blackstone; Caulfield Village: Caulfield-village.com.au
- Piccolo; Piccolo House, South Melbourne: Piccolo.house/collection/piccolo-house/
- LDS Property; Garnet, Bulleen, Melbourne: A-d.com.au/new-apartments-developments/vic/bulleen-3105/garnet
- LDS Property; Zirconia, Alphington, Melbourne: ldsproperty.com/portfolio/alphington/
- DeMaio Properties; Gateway, Northcote, Melbourne: Melbournerealestate.com.au/building-information/gateway-apartments/
- Sentinel; Roden Street, West Melbourne Sentinelcorp.com/blog
- The Ferras, Ferrars Street, South Melbourne: theFerrars.com
- Sentinel; Element 27, Subiaco, Perth: https://www.element-27.com.au/
- Mirvac; LIV Anura Newstead, Brisbane: Livmirvac.com
- Frasers Property; Brunswick & Co, Fortitude Valley, Brisbane Frasersproperty.com.au/Build-To-Rent/Home