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Recorded: 1 December 2022
Overview
The Urban Developer presents a virtual showcase of three Australian build-to-rent projects that explores the funding structures underpinning the development of the assets.
The presentations will explore a range of traditional and alternative funding models, including major bank and non-bank solutions.
The presentations will be followed by an in-depth panel discussion to unpack the benefits and challenges associated with the alternative funding models.
Featured Projects
CORDELIA
Brisbane, Queensland
Arklife
A collaboration between Qualitas, Clean Energy Finance Corporation (CEFC), Arklife and ADCO, Cordelia is paving the way in Brisbane as the first dedicated rental community with leading sustainability standards.
Presenter: Mark Power - Senior Director - Real Estate Finance, Qualitas
LIV MUNRO
Melbourne, Victoria
Mirvac
LIV Munro is Mirvac’s first build-to-rent property in Melbourne and is the second operational building in the portfolio with three more currently under construction.
With 490 residences, LIV Munro is targeting an 8.1-star NATHERS rating and features a health and wellness facility in addition to amenities including two media rooms, a games room, private dining, outdoor terrace and coworking spaces.
Presenter: Angela Buckley - General Manager - Build-to-Rent, Mirvac
INDI SYDNEY CITY
Sydney, New South Wales
Investa Property Group
Indi has secured Australia’s first build-to-rent green loan to support the development of Indi Sydney City. The green loan will contribute to the construction of one of Australia’s most sustainable high-rise residential buildings, and the Sydney CBD’s first build-to-rent development.
Presenter: James Greener - Fund Manager - Build to Rent, Investa
Case Study Outline
- project overview
- design considerations
- development financials
- valuation principles
- funding scenarios
- debt and equity ratios
- construction program
- return hurdles and benchmarks.
This is a must-attend event for those interested in understanding the fundamental commercial considerations of delivering build-to-rent assets.
