Sentinel Featured in IREI Asia Pacific May 2023 Issue

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Sentinel was recently featured in the May 2023 edition of Institutional Real Estate, Inc. (IREI) Asia Pacific.

Speaking to the publication, our President, Michael Streicker, shared his insights on Australia's rapidly growing Build to Rent sector and why it should be a top target for global institutional investors.

"Supportive demographic trends, increasing urbanisation and changing lifestyle preferences are likely to drive strong demand for rental housing [in Australia] for many years to come," said Mr. Streicker.

"When you look at the volume of institutional investment recently coming into the build-to-rent sector from overseas, it's clear there are a number of sophisticated investors that recognise the value of the product and are getting behind it. In support of this, we’ve certainly seen strong performance at our first operational Australian build-to-rent communities.

"Given Australia's long-term housing undersupply and the build-to-rent model's lack of reliance on residential pre-sales, we believe the sector is well-positioned to remain resilient and continue to perform through economic cycles."

Read more in the May issue of IREI Asia Pacific:

The Briscoe rendering

An artist rendering of The Briscoe by Kinleaf in West Melbourne. The 172-unit premium and sustainable rental community is set to open this year.

Sentinel began reviewing Build to Rent opportunities in Australia in 2012, establishing its Australian affiliate Sentinel Fund Manager Australia. Since that time, it has successfully completed, opened and leased the first two phases of its Element 27 project in Subiaco (Perth), Western Australia. Sentinel's second Build to Rent project, The Briscoe, is located at 151 Hawke Street in West Melbourne and is due to open in the second half of 2023. It has also acquired sites for development in Scarborough (Perth), Western Australia; Robina (Gold Coast) in Queensland and in Bowden (Adelaide), South Australia. Sentinel currently has more than 1,600 Build to Rent units under various stages of development and operation throughout Australia. Recently, Sentinel launched its property management brand, Kinleaf, offering Australians a premium and sustainable rental experience.

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Learn more about our Australian Build to Rent Platform.

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