Oceania Houses

In Australia, the market fundamentals for build-to-rent remain robust, supported by the ongoing demand generated by rapidly increasing immigration and a shortfall of construction activity to supply new housing stock. The announcement of various tax breaks for the build-to-rent sector in the first half of 2023 has further motivated investors and led to an upswing in new deals, demonstrating the resilience of the Australian market. 

Interest in Australian multifamily development is on the rise, even as the market generally shies away from development projects. This growing interest can be attributed, to some extent, to the redirection of capital away from office and retail assets towards safe-haven, income-producing sectors. Institutional funds are increasingly adopting this strategy, pursuing a comprehensive (and often global) strategy targeting living sectors.