Build-to-Rent

It’s time for a rental revolution

BTR properties are large, multi-unit residential developments typically owned by corporate investors and managed by specialist operators.

Build to Rent is a new type of ‘commercial living’ usually located in city centres within walking distance of key transport links. Tenants have the option to stay as long as they want in multi-unit, professionally managed, quality homes that offer a range of amenities and bespoke lifestyle options.

It is a paradigm shift – the tenant becomes the customer, and the rental is the service. Amenities like on-site maintenance staff, lounges, gyms, and lobby cafés are attractive drawcards.

Build to Rent is a sustainable approach to living, with a clear focus on achieving positive environmental outcomes. This is often reflected in sustainable approaches to construction as well as a focus on achieving high Homestar and Greenstar ratings. One way of reducing our emissions is to encourage high quality intensification of our housing supply. Build to Rent is typically located in or near towns, cities and key public transport routes.

Living in a Build to Rent development means living in a quality home where maintenance requests will be dealt with promptly, and where service and quality is of upmost importance.

Residents get high-quality, convenient living without the costs associated with buying; investors get stable rental revenues without the hassle of managing new leases every six months. Build to Rent offers residents long-term contractual certainty, so they can put down roots and be part of a community.

Build to Rent homes aim to make adulting easier.

Contact

For further information or to get involved with the Build-to-Rent working group, contact:

Denise Lee | Advocacy Consultant | denise@propertynz.co.nz