Australian Pension Seeks Apartments as Build-to-Rent Costs Rise
One of Australia’s largest pension funds is snapping up completed apartment blocks rather than backing new developments, betting that high construction costs and interest rates make build-to-rent projects too risky.
One of Australia’s largest pension funds is snapping up completed apartment blocks rather than backing new developments, betting that high construction costs and interest rates make build-to-rent projects too risky.
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