The index tracks 13 funds, 44 assets and 25 developments with a combined capital value of A$10 billion (US$7 billion).
According to Matthew Kandelaars, group executive for policy and advocacy with the Property Council of Australia, the data highlights the continued growth of BTR as an emerging and important part of Australia’s housing mix.
“Build-to-rent has arrived, and together with other institutional housing models will play an important role in delivering more high-quality rental homes for Australians at scale,” says Kandelaars. “Institutional investors are looking for markets where they can invest with confidence. Better data, greater transparency and more mature investment settings all help attract the long-term capital needed to deliver more housing.”
In addition, the “index closes a significant data gap in the Australian market,” notes Ben Martin-Henry, head of private assets research, Pacific, at MSCI.
“For institutional investor