GENERAL NEWS
BUILD-to-rent investment manager Apt.Residential has spent $55 million on two historical brick commercial buildings in Sydney’s Ultimo, which it will repurpose into rental...
The buildings at 1-3 Smail Street, on Sydney’s CBD fringe, were constructed in the early 1900s and amalgamated by Grace Brothers Ltd in 1949 and used for storage and...
Apt.Residential managing director Matt Carolan said the company will now commence work on a development plan for the building that would honour the buildings’ heritage...
The building’s heritage value to Ultimo and Sydney is important. By maintaining and restoring certain design elements, the site’s history will be celebrated in our development application...
The site is close to Broadway Shopping Centre and within walking distance of Central Station, the CBD and major universities...
In May, Apt.Residential announced a $1.5 billion in investment from Dutch pension fund PGGM...
The long-term partnership will see the PGGM Private Real Estate Fund tip in an initial $700 million, with phase one aiming to develop over 2,500 build-to-rent apartments with...
Apt.Residential’s first Sydney project is the $280 million mixed-use build-to-rent precinct in the north-west suburb of Meadowbank, comprising 291 studio, one, two and three-bedroom...
The co-founders of Apt.Residential, led by ex-Urbanest CIO Matt Carolan, have experience in the Australian, United Kingdom and south-east Asian residential markets, across build-to-rent...
Announcement of the Ultimo project follows developer Chapter Two last month unveiling plans to convert a low-grade office building in Brisbane’s inner north into...
Adaptive reuse of lower-graded commercial buildings is slowly gaining momentum as a means to address chronic housing shortages across the country while...
On a broader scale, a study by architects Hassell conducted for the Property Council of Australia estimated that about 86 office buildings in Melbourne are...