The Urban Developer proudly presents an online course dedicated to Australia's newest rising residential asset class, build-to-rent.
While the build-to-rent concept has been around for a number of years, in Australia it is still a relatively new model for property developers and investors.
So, how does build-to-rent stack up?
The Urban Developer has brought together four of the sector's leading experts for a masterclass to explore the fundamentals of the build-to-rent asset class.
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COURSE OUTLINE
1. The Business Case for Build-to-Rent (15 mins)
- What is the build-to-rent business model and how does it work?
- What are the demographic and economic drivers of tenant demand?
- What are the planning, legal and tax considerations for owners and developers?
- What is the Australian supply pipeline and how does it relate to demand?
- What are the future predictions for the build-to-rent sector in Australia?
Presented by:
Mark Dawson - Director, Urbis
2. Designing Build-to-Rent Communities (15 mins)
- What are the core design objectives for build-to-rent communities in Australia?
- What are the different project scales, product mixes and unit typologies applied?
- How do building services, resident's amenity and communal spaces get prioritised?
- How does user experience, technology and sustainability shape building design?
- How are disruptions, such as work-from-home impacting build-to-rent outcomes?
Presented by:
James Pearce - Director, Fender Kastalidis
3. Funding Build-to-Rent Projects (15 mins)
- What is the appetite of major banks and non-banks to finance build-to-rent development?
- What are the benchmarks for debt financing of build-to-rent construction?
- How are new market entrants impacting the build-to-rent funding landscape?
- What is the desired return profile for financiers and investors in build-to-rent projects?
- How does Australia's build-to-rent sector compare to international benchmarks?
Presented by:
Mark Power - Senior Director, Real Estate Finance, Qualitas
4. Valuing Build-to-Rent Assets (15 mins)
- What is the valuation methodology for build-to-rent assets in Australia?
- What are the important operating metrics and how are they benchmarked?
- How do institutional build-to-rent assets compare to existing residential going-concerns?
- What recent transactions are informing yield conclusions?
- What is the outlook for build-to-rent asset values in the next 3-5 years?
Presented by:
Steph Harper - Director, Residential Investment | Build to Rent & Affordable Housing Victoria, CBRE