Reading Time: 2 minutesAustralia: A coliving investment property in Sydney’s inner west has been sold ahead of its scheduled auction for $5.45 million (£2.85 million).
Reading Time: 3 minutesAustralia: Investment manager Investa is moving ahead with plans to develop a coliving project in the Sydney CBD, in partnership with The Salvation Army.
Reading Time: < 1 minuteAustralia: Coliving brand The Living Company, Scape’s newly launched platform, has acquired a 4,190 square metres industrial site in Sydney for AU$32.005 million (£16.3 million).
Reading Time: 2 minutesAustralia: Coronation Property is planning for another large-scale apartment property in Sydney’s Erskineville.
Reading Time: 2 minutesAustralia: A proposal for 500 build-to-rent (BTR) apartments in Sydney’s Regents Park, first proposed in 2023, was given the green light after downsizing its affordable housing component.
Reading Time: < 1 minuteBGO Strategic Capital Partners and Hotel Capital Partners have acquired the Sydney Potts Point Central Apartment Hotel for AUS$31.5 million.
Reading Time: < 1 minuteAustralia: 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 minutesAustralia: 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 minutesAustralia: Investment manager PGIM Real Estate plans to create a $750million coliving portfolio.
Reading Time: < 1 minuteAustralia: 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.