INVESTING IN BUILD TO RENT (BTR)
JLL’s Director of Alternative Investments- (Australia) David Hill said in early 2022, “The large increase in the Build to Rent development over the past 12-months has been driven both by aggressive acquisition strategies from major players who have been scaling up over the past few years and also by several ambitious new entrants.
“Potential clarity on federal level taxes alongside ‘proof of performance’ from the major wave of institutional-grade projects completing over the next 12-months are likely to be the catalysts for boosting capital flows to the build-to-rent sector going forward.
“We anticipate domestic superfunds and global pension funds to comprise a significant proportion of new capital entering the sector in coming years. The living sectors present an opportunity for these funds to provide financial return for members while simultaneously contributing to the diversity and supply of rental housing which may indirectly benefit many of their members."
Build-to-rent developments have taken the real estate investment world by storm over the last half-decade.