Warburg Pincus and Kio Investment Management, an Australian real asset investment manager founded by industry veteran Sam Bisla, have plans to expand their partnership through an additional capital commitment to further accelerate investment in build-to-rent (BTR) and expand into purpose-built student accommodation (PBSA) across Australia’s key gateway cities.
Established in 2024, Kio has rapidly moved to secure four high-quality projects in tier-1 submarkets across Sydney, Melbourne and Brisbane. All four have received development approvals, with three already under construction. The expanded venture is seeded with a fifth BTR asset in Collingwood, Melbourne, where early construction is expected to commence in fourth quarter 2026, delivering more than 400 apartments in one of Melbourne’s most sought-after inner-city locations.
Reflecting the conviction in Australia’s long-term living sector fundamentals, the partnership’s investment mandate also has been bro