Construction progress update on Greystar's build-to-rent development in South Yarra, Melbourne.
Published by BTR News Australia. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
A co-living development application for Scape Waterloo has received approval in less than a year, signaling progress on the student housing project in Sydney.
Local: Residential acquired a 355-apartment build-to-rent scheme at 15-37 Bank Street, South Melbourne (10% designated affordable housing) from Ontario Teachers' Pension Plan and Hines for a stabilized asset value of A$370 million, taking Local's BTR pipeline to roughly 4,000 units worth A$3.25 billion.
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