Build to Rent
BUILD TO RENT
2 FORMAL CPD POINTS
B2R is a housing model where institutional investors develop purpose-built rental apartments to retain and operate under single ownership. It’s a rapidly emerging sector in the Australian Construction industry and is growing — “booming” by some accounts with a 70% jump in value in the past year.
A recent report by Real Estate specialist, JLL forecast that the pipeline of B2R units in Australia is more that 7000 due for delivery by 2024.
All indicators point to a bright future for the B2R sector, as the drivers for demand of rental housing – affordability/constraints to buy, changing generational expectations and greater flexibility continue to assert themselves.
Join our expert panel later this month comprising Luke Mackintosh (EY), Frank McMahon (Multiplex), Joe Wright (i2C Architects) & Jonny Seebacher (Ryder Architects, speaking from the UK) for an in-depth discussion on Built to Rent and the opportunities it presents to designers, developers and a new generation of people seeking affordable, and secure accommodation.
Some of the areas that the panel will consider and questions that will be debated are:
What can be learned from the experiences in the UK where B2R is a significant sector within the construction industry with a pipeline of 180,000 BTR units today?
How will this new form of housing change apartment designs and developments and how we are housed and how tenancies are managed?
What are the major design considerations for B2R developments?
How does B2R support sustainable building objectives and outcomes?
What are the major development considerations for B2R and key pillars that developers and/or asset owners should look for in determining if a B2R site is viable?
What are the current B2R projects in the pipeline and currently operating in Australia.
What are the financial metrics being achieved by these projects?
What is the benchmarking data that underpins these assets, including values, rents and returns.
What are the obstacles of B2R in Australia – Tax Laws, Construction Costs, Financing issues, land procurement, planning issues ?
