Build to rent (BTR) has been a hot topic in global real estate circles for the last few years.
Capital from around the globe is flowing into the Australian Build to Rent (BTR) sector in billions, as this burgeoning sector gains momentum – and there is a lot more to come.
It seems like every few months there is a new article mentioning another group with a few hundred million dollars earmarked for the development of new BTR projects in Australia.
In the United States, Build To Rent (“BTR”) is generally referred to as Multifamily real estate, is a widely held and strategic commercial real estate asset class. At roughly 25% of the U.S commercial real estate stock, the multifamily sector accounts for the second-largest share of institutional investors’ real estate holdings, lagging only the office sector.
Build to Rent may be a growing global phenomenon but it’s still very new in Australia.