Rome daily sentinel apartments for rent full#
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Rome daily sentinel apartments for rent full#

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Rome daily sentinel apartments for rent free#

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The Bowden precinct is the South Australian government’s first higher-density urban infill revitalisation project. “The build-to-rent sector is emerging as another way to help address housing shortages and ease the rental squeeze – and it’s great to see such a major global property player back Bowden as the place to do just that.”

“The first-of-its-kind development, in the heart of the innovative Bowden precinct, provides a longer-term, more secure renting option and adds a new layer to our housing mix,” he said. South Australia’s Housing and Urban Development Minister Nick Champion said the Bowden project would boost housing supply and help ease pressure on renters.

The US company has been active here for almost a decade, becoming one of the first institutional players in what was then a budding build-to-rent sector in the Australian market.įacilities at Subiaco in Perth are up and running, and another project is to open in West Melbourne this year, with all of its BTR facilities to be managed under the company’s Kinleaf platform Sentinel’s $14 billion of real estate assets under management globally includes 27,500 apartments along with commercial property. “We’re proud to be the first group to bring institutional build to rent to Adelaide and play a role in providing greater housing choice to South Australians,” said Michael Streicker, Sentinel Fund Manager Australia director. That roll-out is accelerating and comes as a shortfall in available housing across the country stokes a rental crisis. The $100 million project is the latest addition to Sentinel’s growing Australian holdings, which are backed by European institutional investors and could ultimately expand into a $1.5 billion portfolio. Sentinel’s 172-apartment BTR project in West Melbourne. Its local arm, Sentinel Fund Manager Australia, will develop and run about 250 premium and sustainable rental apartments on a 4000 square metre site at Lots 49 and 50 on Third Street in Bowden in Adelaide’s inner-north. The Australian arm of US accommodation giant Sentinel Real Estate is set to develop Adelaide’s first institutional-grade build-to-rent project, after striking a deal with Renewal SA for a site in the city’s inner north.