Real estate service provider CBRE has further strengthened its Pacific Living Sectors Capital Markets business with the appointment of highly experienced property professional Shauny Bult.
Shauny joins the Living Sectors division as its new Director and has transferred to Sydney after six years in CBRE’s London office.
“Operational data further validates the strength of rental housing models, delivering resilient and robust returns for investors whilst addressing the pressing need for quality accommodation nationwide. The sector’s success in the UK serves as compelling evidence for the investment trajectory in the Australian market where demographic trends such as urbanisation, population growth and declining housing affordability are closely aligned. I am thrilled to embark on this exciting journey as a part of the Living Capital Markets team in Pacific and contributing to the continued growth and success of the sector.”
Shauny Bult, Director, Living Sectors Capital Markets, CBRE
In the UK, Shauny successfully accessed capital from around the globe for large scale Build to Rent projects, and transacted on c.£4.5bn (approximately 6,800 units) across development funding structures, joint ventures and completed investment sales.
“Rental housing in Australia has exceptional investment credentials and offers unparalleled growth potential as an asset class. Our client base has grown significantly over the past 12 months, and we expect investment volumes to follow a similar trajectory in 2024 as the sector matures and new capital enters the market from domestic and overseas sources. Shauny brings extensive experience from the UK where she has advised on some of the most significant Build to Rent transactions including development funding, joint ventures, and investment sales.”
Andrew Purdon, Regional Director, Pacific Living Sector Capital Markets, CBRE
In her new role as Director, Living Sectors Capital Markets, Shauny will work closely with Regional Director of CBRE’s Pacific Living Sector Capital Markets business Andrew Purdon, to drive the firm’s service offering in the fast-growing Build to Rent, purpose-built student accommodation (PBSA), co-living, single-family housing and affordable housing sectors.
The Living Sector had attracted a £4.8bn influx of investment during H1 2023, according to Shauny, accounting for nearly a quarter of capital committed to the entire UK real estate market and ranking second only to the industrial and logistics sector.
