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The global build-to-rent round up - 13 April 2021

The global buildtorent round up  13 April 2021

A curation of news highlights from around the globe covering build-to-rent and specialised residential assets.

New Zealand & Australia

  • Perth: The Switch is a $500M housing concept to be developed in Perth and is looking to fill a gap in the market for shared accommodation and lifestyle-led living, reported to be a popular trend in the European market and growing in Australia. The Switch will offer 483 beds in private studios to seven-bed shared apartments at an affordable price range. Full article here.
  • Perth: Investment in Perth’s private rental market has experienced long-term decline which has seen little development occur and led to a vacancy rate of less than 1% across the market. The Property Council of Australia is suggesting creating a favourable tax setting for build-to-rent developments, like the incentivising of development seen along the eastern coast. Full article here.


  • UK: Ascend Properties research has shown that, largely, UK rental properties do not meet the needs of the tenants. 81% of people surveyed said that existing stock was not up to standard, and 83% also said that they would pay more for rental housing that met their needs. Location, size, and outdoor space were key issues for respondents.  Full article here.
  • UK: Ascend Properties have also estimated that the build-to-rent market could easily grow to 20% of the new build market in the UK in the coming years, based on construction rates seen in the USA. Full article here.
  • UK: Greystar has unveiled its 8-hectare Greenford Quay scheme with the first building completed using modular construction in under 19 months. The modular construction method will help deliver 2,118 build-to-rent units with reductions in construction time, traffic, and waste. Full article here.

North America

  • USA: The Collective has submitted plans for a 12-storey co-living building in Miami. Residents of The Collective will have a low barrier to entry and a variety of stay options with all-inclusive billing. The building will have 250 units and 15% of the residential floor area will be dedicated to communal amenity. Full article here.
  • USA: Cordish Cos. Is set to begin construction on two multi-family developments in Kansas City. The project includes a 26-storey luxury building offering 288 units and a converted former office building offering 139 affordable units. The former historic office building has been vacant for 20 years and will have new life as Midland Lofts. Full article here.


  • Hong Kong: Start-up Dash Living has been helping Hong Kong hotels to adopt monthly leases for their rooms to get more people into their hotels due to a downturn in tourist numbers. Dash Living had no hotel partners prior to the pandemic and now operates 1,300 units including co-living, serviced apartments and hotel rooms in Hong Kong and Singapore. Full article here.

Related Experts

Alan McMahon

National Director | Strategic Advisory


Alan has overall responsibility for Strategic Advisory for Colliers International in New Zealand. 

He advises a wide range of public and private sector organizations. Clients include Auckland Council,, Massey University, Kiwi Property, Ngai Tahu Property, Ngati Whatua Orakei, Ngati Whatua o Kaipara, NZ Super, and various departments of the New Zealand government including Police, MBIE, Ministry of Justice, and Kainga Ora.




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