Greystar Real Estate Partners LLC, together with Fender Katsalidis, announced last month the planning approval of a new build-to-rent development in the Inner Melbourne suburb of South Yarra. This is the largest build-to-rent development ever to receive a permit in Australia. The development will comprise 625 units, along with 2,400 square meters (25,833 square feet) of retail and commercial office space.
A sponsored report by Greystar published in the November issue of Institutional Real Estate Asia Pacific, explores this transaction in the context of global multifamily housing trends. To access a pdf of the Sponsored Section, click here.
