The number of completed build-to-rent units in Australia is set to double each year to 2025 as developers, backed by institutional investors, swoop on widening opportunities in the sector.
As traditional residential real estate come under pressures thanks to rising interest rates, housing affordability and a growing need for connectivity and flexibility, the changing face of home ownership is building the build-to-rent business case for property developers.
So what does the future hold for build-to-rent real estate and how can the industry further respond in a practical way?
The Urban Developer presents its annual conference dedicated to the development and investment of build-to-rent assets in Australia.
Attendees will hear the latest in expert research, international and national developer perspective and take a look inside three projects defining excellence within the sector.
What will be covered:
The drivers and performance of build-to-rent in Australia
Population and demographic trends
Operating platforms and target cohorts
The legal framework of developing build-to-rent assets
State governments legislation and opportunities
Valuation metrics for build-to-rent assets
Developer perspective on delivering new projects
Design, commercial and planning considerations
Project examples of excellence within the sector.
THE EVOLUTION OF BUILD-TO-RENT
A keynote address about the factors that will influence the future performance of BtR across the Australian markets.
What is driving the appetite for build-to-rent?
What does the build-to-rent market look like now and into the future?
What does purpose-built build-to-rent look like in Australia?
Current state of play in the Australian build-to-rent market
Differences in how the Australian build-to-rent market will evolve
What’s next and where does the opportunity lie?
Presenter: Robert Papaleo—National Director, Build to Rent | Residential, Colliers
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THE PERFECT STORM
How the changing face of home ownership is building the business case for build-to-rent for property developers.
Population and demographic trends
Operating platforms and target cohorts, that is, standard, social, affordable (key worker-essential worker) and mixed
Valuations, modelling and appraisals
Underwriting rents where there is limited evidence
Build-to-rent—why now?
Presenter: Luke Mackintosh—Strategy and Transactions, Real Estate Advisory Services Partner, EY Oceania
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THE LEGAL MATRIX
Navigating the legal framework of developing, owning and operating build-to-rent assets in Australia.
State governments legislation so far
Government hurdles—tax, stamp duty, international investors
Investment hurdles—yields, construction costs, distressed operators
Opportunities under the current frameworks in Australia
What’s required in state planning and tax policies to accelerate build-to-rent
Future anticipated legal considerations.
Presenter: Jane Hodder—Partner, Real Estate, Herbert Smith Freehills
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GLOBAL MODELS ADAPTED TO AUSTRALIAN MARKETS
A discussion with the world’s leading build-to-rent owners and operators on their approach to delivering build-to-rent in Australia.
Panelists:
Chris Key—Managing Director, Greystar
Michael Streicker—President, Sentinel Real Estate
David Warneford—Country Head of Australia, Hines
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THE PRIVATE SECTOR'S APPROACH
How are these private developers stacking up their projects for success?
Panelists:
Jason Goldsworthy—Co-Founder and Chief Development Officer, Novus
Rhys Williams—Co-Founder, UKO
Chrystan Paul—Chief Executive, Alt Living
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CASE STUDIES
The Tale of Two Towers | South Yarra by Greystar
Greystar’s South Yarra development includes two towers of build-to-rent and flex-housing, offering expertly managed apartments, workspaces, amenity and events spaces.
Presenter: James Pearce—Director, Fender Katsalidis Architects
Build-to-Rent: A Growing Property Opportunity Powered by Tech | 393 Macaulay Rd, Kensington
Having only recently launched, 393 Macaulay Rd is a prime example of purpose-built rental housing that was developed by Assemble Futures in response to the very real challenge of home ownership in Australian cities. A key technology at the heart of build-to-rent and 393 Macaulay Road is cloud-based electronic access control (EAC).
Presenter: Cedric Duigou—Accommodation and Hospitality Vertical Manager, Oceania, Salto Systems
Reinventing How People Rent in Our Cities | Southbank by HOME
HOME is Australia’s leading creator and operators of apartment communities exclusively for rent, and have recently opened the doors to Home Southbank, Melbourne’s first purpose-designed and operated build-to-rent building.
Presenter: Christian Grahame—Head of HOME, HOME
The Urban Developer Build-to-Rent vSummit will be hosted virtually on Thursday, August 25. Click here for more information.