Big players continue to bank on build-to-rent
Cashed-up institutional investors and large-scale developers continue to sharpen their focus on build-to-rent, with United States headquartered Sentinel Real Estate Corporation and ASX-listed Mirvac and among those making recent major moves.
Sentinel's Element 27 promises to be a stylish addition to the Perth suburb of Subiaco. Image: Sentinel
Cashed-up institutional investors and large-scale developers continue to sharpen their focus on build-to-rent, with United States headquartered Sentinel Real Estate Corporation and ASX-listed Mirvac and among those making recent major moves.
A fledgling asset class in Australia, the build-to-rent sector is considered to be a key element in addressing housing undersupply and affordability, particularly in hot capital city property markets.
As it…
