Build to rent needs institutional investment, housing minister says

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The government’s comments are welcome, but critics say it has done little to create certainty or clarity for investors with reforms already announced.

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Housing Minister Julie Collins says there is a “realistic prospect” of establishing build-to-rent real estate as a “significant new investment asset class,” with the Albanese government now considering several reforms to encourage financing.

“We don’t know quite what they’re going to say. You want certainty, you want to set and forget, you want to be able to go 10 to 15 years of investment, [but] the government keeps playing around in the middle.”focus on creating a larger pipeline of suitable projects coming to market, reducing risk in the development and ownership of institutional housing assets and boosting institutional investment in BTR.

“Delivering supply is obviously a challenge right now, but we really see that as something that will be resolved over time, and the sector itself we think will have strong development legs.”which aims to build up a $7 billion platform within five years, said clarity was needed for the sector to take off.Advertisement

“What’s really important is we actually understand what it is that we’re really shooting for here,” Ms Buckley said.

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