Industry leader in property technology solutions, BuildingLink International, has used their community management software to provide an end-to-end solution, helping institutional investors and developers in the build-to-rent Australian market capitalise on this opportunity.
Experiencing success in both the US and the UK, the build-to-rent concept is now emerging in countries around the world, including Australia.
BuildingLink allows building occupants to communicate with management and utilise streamlined services such as parcel delivery, concierge, fitness equipment availability, voice-activated commands and scheduled maintenance.
“Ultimately we deliver on two key elements of the build-to-rent proposition: better management of the development process and a higher standard of liveability via community connection and growth through new technology and innovative thinking,” said BuildingLink International General Manager, Joe Marshall.
With projects already underway in both Sydney and Melbourne, the build-to-rent sector provides an affordable and stable housing solution for tenants, as well as a secure, ongoing revenue stream for developers.
Investors and property managers, such as Brookfield and Greystar, are working with BuildingLink to offer tenants a suitable lifestyle.
This will ultimately lead to extended opportunities in their residential buildings and master-planned communities.
“All sectors are seeing the potential as it will offset housing affordability; from the Queensland Government subsidising pilot projects to major developers such as Grocon, Lendlease and Mirvac looking at implementing the model in Australia.”
BuildingLink technology is utilised by 4,700 buildings, 62,000 managers and more than 1.8 million residents worldwide. The software can be found in over 17 countries and has been translated into more than 12 languages.
For more information, visit https://www.buildinglinkau.com.au/
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