Private Development Company

Macroplan was engaged to prepare an economic and market assessment and financial model review and benchmarking providing market evidence to support the proposed build to rent (BTR) project in a suburban outer Melbourne location. Macroplan has undertaken an economic and market assessment in the area and surrounding catchment including current and forecast population growth, demographics, housing affordability and residential market with a focus on rental market. Macroplan has also reviewed and benchmarked to several current operating BTR projects in Australia as well as other research and studies to understand the BTR market including rent (compared to private rents), other revenue sources, vacancies, yields, costs and development timeframe. This provided benchmarking information to validate the assumptions and inputs to the feasibility model for the proposed BTR project.