Based out of Sydney, this property investment firm has continued to pave the way within the industry with its newest service, a build-to-rent advisory hub for the industry. This comes after an influx of curious developers and financiers seeking advice.
Kanebridge Property, a developer offering an initial 1,500 Premium Leasing apartments across three of its major development regions in Greater Western Sydney, has launched its latest endeavor to aid the real estate industry within the city. Kanebridge Build to Rent Advisory leverages off the company's 20 years of experience with its subsidiaries, including Kanebridege Finance, Kanebridge Wealth Advisory and Kanebridge Capital, while also having focused on the Premium Leasing market for more than two years.
Australia is a fairly new market for build-to-rent housing, which has already been an established housing option in other countries like the US and the UK. Being such novice service for Australia, there has been a number of hurtles that those looking to inflate the market have come across. Kanebridge faced the obstacles with its own model called Premium Leasing, which resides under its build-to-rent service operations, Kanebridge Lifestyle Services. These services offer long-term leasing and social living for those in Sydney.
Kanebridge Build to Rent Advisory will provide developers with the knowledge to financially engineer and model their build-to-rent projects to help them find funding. For architects, Kanebridge will provide guidance on designing for social and lifestyle aspects such as more social and communal spaces, managing facilities such as concierge and integrating fibre optics for connectivity within homes.
Kanebridge managing director Marwan Rahme and its COO Matthew Bode attended Harvard University’s Private Equity and Venture Capital course in 2017 where they focussed on financial modelling in this sector.
Matthew Bode, COO and Head of Property & Investments at Kanebridge, says: “The Kanebridge Build to Rent Advisory aims to help the build-to-rent sector succeed in Australia. Currently, our property sector lacks the knowledge, expertise and experience to grow this type of housing. We have already received lots of interest from industry players, including large property developers in Melbourne and Brisbane, who are seeking our advice to help them get their businesses up and running. Given that we are relatively advanced in this sector and can share our knowledge and experience with others, we saw this opportunity in helping many new entrants in this emerging market sector.”
Edited by V. Haviland