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July 2021

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Catching up with CUB: Episode #78 | Tas Costi

Costi Cohen || Client Testimonial

Costi Cohen || Q1-Q2 2021

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CASE STUDY: BUILD-TO-RENT The build-to-rent sect

CASE STUDY: BUILD-TO-RENT

The build-to-rent sector is going through unprecedented growth in Australia with a huge number of projects being planned, in progress or set to start construction in the next 12 months.

The gap between demand and supply of apartment constructions nation-wide along with the projected intensification of this shortfall has surged interest in the build-to-rent model across both private and institutional investors.

Crown Group's Co-founder and Chief Executive Officer Iwan Sunito says the biggest shift is in developing stock that generates a recurring income and Crown Group will grow its serviced apartment and build-to-rent arms to beyond $2bn.

BENEFITS OF THE BTR MODEL
1. Security of income & tenure – long leases
2. Community creation
3. Ease of moving – inclusion of essential services in agreements
4. Customisation for the tenant
5. Pet friendly
6. Sustainability

https://www.realcommercial.com.au/news/crown-group-flags-new-partnerships-as-apartment-growth-beckons
https://www.afr.com/property/residential/build-to-rent-projects-tagged-for-750m-impact-fund-20211025-p592xe

#buildtorent #australia #growth #realestate #residentialdevelopment #commercial #property

AUSTRALIA’S OPPORTUNISTIC APARTMENT DEVELOPMENT

AUSTRALIA’S OPPORTUNISTIC APARTMENT DEVELOPMENT MARKET

Following Prime Minister Scott Morrison’s announcement last Thursday (14th October), international boarders are set to reopen next month for overseas workers and students.

Crown Group Chairman and Group CEO Iwan Sunito says Australia is not prepared for the long-awaited return of expats and students, “we’re looking to rapidly acquire larger sites to accommodate our evolving business model which incorporates build to rent, hotels, residential apartments, commercial and retail” he added.

On the back of Mirvac settling 123 units at its Voyager tower in Melbourne’s Southbank during the July-September 2021 quarter, Mirvac residential head Stuart Penklis said the number of sales leads for new units have jumped to their highest level in two and a half years. Within the same quarter, across the Sydney market, Mirvac launched apartment projects in Willoughby, Green Square and Waverley as well as Tullamore Doncaster in Melbourne.

@realcommercial.com.au
@financialreview

#apartment #realestate #voyager #melbourne #sydney #brisbane #property #units #development #australia
https://www.realcommercial.com.au/news/warnings-over-apartment-market-as-australia-reopens
https://www.afr.com/property/commercial/strong-housing-market-keeps-mirvac-on-earnings-target-20211020-p591qg

NEW CLIENT BRIEF - Residential Developer - Single

NEW CLIENT BRIEF

- Residential Developer
- Single Dwelling
- Locations: Bronte, Tamarama & Clovelly
- Budget: Up to $10,000,000
- Looking for knockdown/rebuild sites
- Requires R2 or R3 zoning
- Requires water views

For more information on our client’s brief, please contact Tas Costi 0402 199 029 or Zackery Harkins 0410 244 171.

#commercialrealestate #developer #commercial #residential #newclient #client #property

Queens Place 350 Queen Street, CBD, Victoria Com

Queens Place
350 Queen Street, CBD, Victoria

Comprising two 80-storey residential towers (North and South) in Melbourne’s Central Business District.
3L Alliance and its contractor Multiplex have completed the North Tower this year (2021) with the South Tower currently under construction.

Developer: 3L Alliance
Architect: Cox Architecture, Fender Katsalidis
Development: 1,800 Residential Apartments
Gross Development Value: $1 billion

https://queensplacemelbourne.com.au/

#development #melbourne #residential #commercial

One Sydney Harbour, Sydney As part of the master

One Sydney Harbour, Sydney

As part of the master plan for the Barangaroo Harbourside precinct, Lendlease’s $4billion One Sydney Harbour complex will encompass a cluster of three towers with staggered heights of circa 250m, 210m and 107m.

Developer: Lendlease
Architect: Renzo Piano
Gross development value: $4 billion
Status: Under construction
Estimated completion: 2024

https://www.onesydneyharbour.com/

THE RESIDENTIAL EDITION We have dedicated this w

THE RESIDENTIAL EDITION

We have dedicated this week to the Residential Development sector.

Featuring show-stopping Residential Development Sites, Apartment Blocks and Co-Living Developments along with changing patterns of consumer demand throughout the sector and highlight 2021 transactions to date.

Stay tuned for an exciting week ahead.
•
•
•
#residential #commercial #realestate #property #development #buyeragent #news #design

@costicohen

CASE STUDY: BUILD-TO-RENT The build-to-rent sect

CASE STUDY: BUILD-TO-RENT

The build-to-rent sector is going through unprecedented growth in Australia with a huge number of projects being planned, in progress or set to start construction in the next 12 months.

The gap between demand and supply of apartment constructions nation-wide along with the projected intensification of this shortfall has surged interest in the build-to-rent model across both private and institutional investors.

Crown Group's Co-founder and Chief Executive Officer Iwan Sunito says the biggest shift is in developing stock that generates a recurring income and Crown Group will grow its serviced apartment and build-to-rent arms to beyond $2bn.

BENEFITS OF THE BTR MODEL
1. Security of income & tenure – long leases
2. Community creation
3. Ease of moving – inclusion of essential services in agreements
4. Customisation for the tenant
5. Pet friendly
6. Sustainability

https://www.realcommercial.com.au/news/crown-group-flags-new-partnerships-as-apartment-growth-beckons
https://www.afr.com/property/residential/build-to-rent-projects-tagged-for-750m-impact-fund-20211025-p592xe

#buildtorent #australia #growth #realestate #residentialdevelopment #commercial #property

AUSTRALIA’S OPPORTUNISTIC APARTMENT DEVELOPMENT

AUSTRALIA’S OPPORTUNISTIC APARTMENT DEVELOPMENT MARKET

Following Prime Minister Scott Morrison’s announcement last Thursday (14th October), international boarders are set to reopen next month for overseas workers and students.

Crown Group Chairman and Group CEO Iwan Sunito says Australia is not prepared for the long-awaited return of expats and students, “we’re looking to rapidly acquire larger sites to accommodate our evolving business model which incorporates build to rent, hotels, residential apartments, commercial and retail” he added.

On the back of Mirvac settling 123 units at its Voyager tower in Melbourne’s Southbank during the July-September 2021 quarter, Mirvac residential head Stuart Penklis said the number of sales leads for new units have jumped to their highest level in two and a half years. Within the same quarter, across the Sydney market, Mirvac launched apartment projects in Willoughby, Green Square and Waverley as well as Tullamore Doncaster in Melbourne.

@realcommercial.com.au
@financialreview

#apartment #realestate #voyager #melbourne #sydney #brisbane #property #units #development #australia
https://www.realcommercial.com.au/news/warnings-over-apartment-market-as-australia-reopens
https://www.afr.com/property/commercial/strong-housing-market-keeps-mirvac-on-earnings-target-20211020-p591qg

NEW CLIENT BRIEF - Residential Developer - Single

NEW CLIENT BRIEF

- Residential Developer
- Single Dwelling
- Locations: Bronte, Tamarama & Clovelly
- Budget: Up to $10,000,000
- Looking for knockdown/rebuild sites
- Requires R2 or R3 zoning
- Requires water views

For more information on our client’s brief, please contact Tas Costi 0402 199 029 or Zackery Harkins 0410 244 171.

#commercialrealestate #developer #commercial #residential #newclient #client #property

Queens Place 350 Queen Street, CBD, Victoria Com

Queens Place
350 Queen Street, CBD, Victoria

Comprising two 80-storey residential towers (North and South) in Melbourne’s Central Business District.
3L Alliance and its contractor Multiplex have completed the North Tower this year (2021) with the South Tower currently under construction.

Developer: 3L Alliance
Architect: Cox Architecture, Fender Katsalidis
Development: 1,800 Residential Apartments
Gross Development Value: $1 billion

https://queensplacemelbourne.com.au/

#development #melbourne #residential #commercial

One Sydney Harbour, Sydney As part of the master

One Sydney Harbour, Sydney

As part of the master plan for the Barangaroo Harbourside precinct, Lendlease’s $4billion One Sydney Harbour complex will encompass a cluster of three towers with staggered heights of circa 250m, 210m and 107m.

Developer: Lendlease
Architect: Renzo Piano
Gross development value: $4 billion
Status: Under construction
Estimated completion: 2024

https://www.onesydneyharbour.com/

THE RESIDENTIAL EDITION We have dedicated this w

THE RESIDENTIAL EDITION

We have dedicated this week to the Residential Development sector.

Featuring show-stopping Residential Development Sites, Apartment Blocks and Co-Living Developments along with changing patterns of consumer demand throughout the sector and highlight 2021 transactions to date.

Stay tuned for an exciting week ahead.
•
•
•
#residential #commercial #realestate #property #development #buyeragent #news #design

Contact

Looking to make your next move in Commercial Property? Feel free to get in touch via the below details.

A: 21 Bay Street
Double Bay NSW 2028
T: +61 2 8934 3414

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