Housing affordability has become a central issue of urban challenges in the 21st century, with many cities facing housing shortages, high prices and climbing construction costs. In Asia Pacific, homeownership has become increasingly unattainable, as rapid population growth and land scarcity are escalating home prices and motivating households to rent long-term.
This structural shift is transforming the landscape for institutional investors, as the rental housing sector is shifting from a privately owned, fragmented asset class into a scalable and investable sector. Within Asia Pacific, various regions have managed this emerging challenge differently, with Japan presenting a mature multifamily market and Australia displaying a rapidly emerging build-to-rent (BTR) sector. Institutional capital is playing a significant role in the development of the rental market, as professionally managed properties are becoming a solution to the housing crisis. As a result, rental housing in A
