Australia’s first sustainable ‘Designed To Rent’ to be launched soon
Developer Samma Property Group has partnered with investment firm, Brightlight, to introduce a new ‘Designed to Rent’ (DTR) model, said to be the first of its kind in Australia.
The partnership will see the creation of 1412 apartments across the four developments from 2022 to 2025 for over 2800 residents.
Longer-term, Samma and Brightlight are building a pipeline comprising eleven DTR developments (inclusive of the four shovel-ready projects), boasting 3,144 apartments for over 6,200 residents and is expected to be valued at more than $1.7 billion by FY28.
View full article here.