Melbourne-based build-to-rent operator Local:Residential took its portfolio of rental homes to over 4,000 units earlier this month with a co-founder of the Macquarie Asset Management-backed operator pointing to the scale of its holdings, and the rapid development of Australia’s multi-family… Read More>>
Macquarie’s Local Residential Acquires $259M Melbourne Project From Hines
Local Residential has acquired a rental apartment development in Melbourne from US builder Hines, with the project said to have a stabilised asset value of A$370 million ($258.8 million).
The site at 15-37 Bank Street will yield 355 apartments with… Read More>>
Morgan Stanley Says Hong Kong Home Prices to Rise 10% and More APAC Real Estate Headlines
A rebound in Hong Kong’s housing market leads today’s look at real estate headlines from around Asia Pacific, with a top US investment bank predicting brighter days in the financial hub. Also making news are an Orchard Road opportunity in… Read More>>
Local Residential Clinches Management Rights for ADIC’s Gold Coast BTR Complex
Local Residential, the build-to-rent platform backed by Macquarie Asset Management, has completed its acquisition of the management rights for Australia’s largest BTR property, establishing a presence in Queensland for the Melbourne-based company.
The contract for Smith Collective, a 1,252-unit complex… Read More>>
Greystar, Warburg, Local, Kio Upbeat on Aussie Living Sector Post-Election: MTD TV
Political clarity, sustained rental demand, stabilising construction costs and rate cuts are driving optimism for Australia’s residential real estate sector, some of the world’s largest real estate investors said at the Mingtiandi Singapore Forum on 13 May. Watch the full… Read More>>
Greystar, Warburg, Local and Kio to Bring Australian Living Insights to Singapore Forum
A panel of experts will discuss how investors are achieving returns across the evolving Australian living sector as part of the Mingtiandi Singapore Forum on 13 May.
Investment in Australia’s commercial residential segment, which includes build-to-rent and purpose-built student accommodation,… Read More>>
Speaker Bio: Matt Berg of Local: Residential MTD TV Productions
Matt is the Co-CEO of Local: Residential, an Australian build-to-rent platform that seeks to empower Australians to live a sustainable and socially conscious lifestyle. Local provides quality, sustainable rental communities incorporating at least 10% social, affordable, specialist disability accommodation in… Read More>>
APG, Local, Novus, Home Seek Steady Growth in Australia’s Evolving BTR Market: MTD TV
Macro tailwinds and a long runway for growth will benefit Australia’s build-to-rent sector as it continues to evolve, according to decision-makers from Dutch pension investor APG Asset Management and BTR players Local Residential, Novus and Home. Watch the full… Read More>>
APG, Scape, Greystar and More Join Mingtiandi Residential Forum This Week
Speakers from Greystar, Scape and Colliers will join a panel on the evolution of Australia’s rental housing market this week as Mingtiandi’s APAC Residential Forum continues on our MTD TV video platform.
The panel at 10:00 AM Hong Kong time… Read More>>
Kerry Properties Net Profit Slumped 75% in 2024 and More Asia Real Estate Headlines
The Kuok family’s Kerry Properties reports a 75 percent drop in full-year net profit despite rising revenue, with those results leading today’s headline roundup. Also in the news, Macquarie-backed Local acquires a Gold Coast apartment project and Chinese data centre… Read More>>