The Australian Retirement Trust, institutional investment manager QIC, and community housing provider Brisbane Housing Company have announced that they are partnering to create a “scalable model” to start construction on up to 1,200 new homes by 2025.
“This program is an exemplar of how state governments and institutional investors can work together with the community housing sector to raise capital and deliver social and affordable housing at scale,” said BHG chief executive officer Rebecca Oelkers in a statement.
Affordable housing partnerships are all the rage among allocators interested in making impact investments that offer attractive returns. In periods of inflation, real estate can be attractive to investors, and as cheap housing is hard to come by, providing more options is certainly impactful.
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