2022 in review and outlook for 2023
Insight
Australia’s build-to-rent sector
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2022 was a year of challenges and opportunities for Australia’s emerging build-to-rent (BTR) sector. The year has seen the completion and lease of several developments, plus the commencement of new projects, all against a backdrop of a rapidly tightening rental market.
Developers also faced pressure on feasibilities as a result of rising construction and finance costs. Investors and operators in the sector should benefit from several competitive advantages over the coming year as momentum will certainly grow.
National BTR supply pipeline
Download JLL’s latest report, Australia’s build-to-rent sector, to learn:
- What happened across the BTR market in 2022 and how much the pipeline of projects grew over the year
- How the rental market has tightened over 2022 and how there is little relief on the horizon for the market given low levels of apartment completions
- The challenges that all developers, including BTR developers, face in progressing major projects in difficult cost environment
- Six key trends that will dominate the BTR narrative in 2023 and beyond