With predictions of a boom in the number of homes built explicitly to rent, the Build to Rent (BTR) market is an exciting opportunity for Australia. Whilst key improvements to the tax and planning framework will take time, BTR already offers a unique opportunity to craft a residential asset into a future income stream.
With demand for residential return becoming more competitive and increasing levels of market fragmentation, BTR offers greater choice and new supply, structured around a service-support model already transforming other industries.
Yesterday Buchan co-hosted an intimate lunch of industry leaders discussing the future of BTR in NSW with key insights from panelists Michael Hay and James Burgess (Buchan), alongside Princess Ventura (Urbis).
In particular we welcomed the fresh, practical knowledge of Matthew Heal and Roy Thompson from New Ground Capital, who have extensive experience delivering BTR across Australasia for a number of years already, and look forward to hearing more from them as they present at today’s BTR conference.
We recognise the importance of building a shared momentum around BTR, and will continue to share further insights as this sector continues to unfold.
