CBRE is strengthening its Pacific living sectors capital markets business with the appointment of experienced property professional Shauny Bult, from the group’s London office.
After six years in CBRE’s London, Bult has transferred to Sydney to take on the new role of director of living sectors capital markets.
In her new role, Bult will work closely with Andrew Purdon, regional director of CBRE’s Pacific living sector capital markets business, expanding the service offering in the build-to-rent, purpose-built student accommodation, co-living, single family housing and affordable housing sectors.
“Rental housing in Australia has exceptional investment credentials and offers unparalleled growth potential as an asset class,” said Purdon.
“Our client base has grown significantly over the past 12 months, and we expect investment volumes to follow a similar trajectory in 2024 as the sector matures and new capital enters the market from domestic and overseas sources. Shauny brings extensive experience from the UK where she has advised on some of the most significant BTR transactions including development funding, joint ventures and investment sales.”
In London, Bult accessed global capital for large scale BTR projects and transacted on circa £4.5 billion (approximately 6,800 units) across development funding structures, joint ventures and completed investment sales.
“Operational data further validates the strength of rental housing models, delivering resilient and robust returns for investors whilst addressing the pressing need for quality accommodation nationwide. The sector’s success in the UK serves as compelling evidence for the investment trajectory in the Australian market where demographic trends such as urbanisation, population growth and declining housing affordability are closely aligned,” said Bult.
“I am thrilled to embark on this exciting journey as a part of the Living Capital Markets team in Pacific and contributing to the continued growth and success of the sector.”
