Sydney proposes planning boost for BTR and coliving
Australia: The City of Sydney has proposed several amendments to the Sydney Local Environment Plan that would encourage developers to deliver more BTR and coliving schemes in central Sydney.
Australia: The City of Sydney has proposed several amendments to the Sydney Local Environment Plan that would encourage developers to deliver more BTR and coliving schemes in central Sydney.
Australia: Coliv Macquarie, an entity led by Point Capital’s Mark Peters and Lucas Salagaras, has submitted plans for a 16-storey coliving tower in Parramatta, NSW.
Australia: Developer Cedar Pacific and Japanese company Sumitomo Forestry have signed a deal to jointly develop a $1.2 billion ESG-focused BTR portfolio in Australia and New Zealand.
Dr Sabine Schaffer of Pro-invest Group talks to ULN about converting hotels to coliving. Filmed at the 2024 GIOHIS conference in Abu Dhabi.
Australia: US BTR giant Sentinel has received consent for a 12-storey, 240-apartment BTR development in Adelaide.
Australia: Investment manager PGIM Real Estate plans to create a $750million coliving portfolio.
Australia: lyf Collingwood, the first Australian property under Ascott’s coliving brand, is up for sale 17 months after opening.
Australia: Fund manager AsheMorgan has lodged an application to build more than 900 rental apartments across two towers at its District Docklands precinct.
Australia: Real estate investment manager Investa is in the early stages of a selldown process for three BTR projects worth $1.5 billion, including one in the Sydney CBD and two in Melbourne.
Australia: Greystar has partnered with Malaysian developer UEM Sunrise Berhad for a BTR project at Collingwood in Melbourne.