Australian Pension Seeks Apartments as Build-to-Rent Costs Rise
One of Australia’s largest pension funds is snapping up completed apartment blocks rather than backing new developments, betting that high construction costs and interest rates make build-to-rent projects too risky.
By Amy Bainbridge · Bloomberg Markets
One of Australia’s largest pension funds is snapping up completed apartment blocks rather than backing new developments, betting that high construction costs and interest rates make build-to-rent projects too risky.