Reading Time: < 1 minute Australia: The NSW government has revealed plans to build apartment blocks for Sydney’s essential workers, offering them reduced rent so they are not priced out of the city.
Reading Time: 2 minutes 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.
Reading Time: 2 minutes Australia: Investment manager PGIM Real Estate plans to create a $750million coliving portfolio.
Reading Time: < 1 minute 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.
Reading Time: 2 minutes Australia: Following the opening of lyf Collingwood Melbourne in 2022 and lyf Bondi Junction Sydney next year, Ascott is planning to take the brand to Adelaide, Brisbane, Hobart and Perth.
Reading Time: < 1 minute Worldwide: Recent data from AirDNA reveals that 54 per cent of global Airbnb listings have been added since 2020, leading to record levels of active listings.
Reading Time: 2 minutes Australia: The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney.
