Building up: Portfolio deals on units getting done as rents soar
newscatcher
2023-09-07 21:35
Building up: Portfolio deals on units getting done as rents soar
Build to Rent complex ‘Realm Caulfield'. Picture: supplied Australia's build-to-rent industry is rapidly maturing as it heads towards a massive 55, 000 apartments across major capitals, and big investors jockey for position. The race for ascendancy in the sector is already taking shape, with big portfolio plays in train as the largest players seek to expand or exit the field. In one of the first moves so far in the consolidation of the fast-growing area, US player Hines is in due diligence to acquire two key sites from Brisbane-based operator Arklife.

https://www.realcommercial.com.au/news/building-up-portfolio-deals-on-units-getting-done-as-rents-soar

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