As part of its expansion into the APAC region, Alternative Real Estate Advisors (AREA) was appointed by Investa, on behalf of Oxford Properties Group, to undertake a comprehensive operational and procurement review across its approximately 1,300 unit Build to Rent portfolio on Australia’s East Coast.
Australia’s institutional Build to Rent market is entering a new period of growth, with over 67,000 homes in the development pipeline and development activity continuing to accelerate. As portfolios mature, the focus naturally shifts beyond delivery and towards operational excellence, procurement strategy, resident experience, cost control and long-term scalability.
Having overseen the mobilisation and operation of over 1,900 Build to Rent and co-living units in the UK, AREA was able to bring practical experience from one of the world’s most mature institutional rental markets, while recognising where Australian market dynamics require a different approach.
Working collaboratively with the Investa team, AREA reviewed mobilisation and stabilised operating budgets, challenged existing assumptions, identified procurement efficiencies and helped shape a more scalable operating model capable of delivering meaningful year-on-year savings without compromising the resident experience.
The principles of operational excellence remain remarkably consistent. This project demonstrates that operational expertise has become as important as development expertise in creating long-term value, according to the firm.
“A huge thank you to the teams at Investa and Oxford Properties for placing their trust in AREA. We look forward to building on this relationship as the Australian Build to Rent sector continues to evolve.
“As institutional Living sectors continue to mature around the world, AREA remains committed to helping investors and operators unlock better performing assets through operational excellence.”
Statement, AREA
