Developer Alex Cassels calls for build-to-rent funding innovation

Developer Alex Cassels calls for build-to-rent funding innovation
Wellington City Council's Te Kāinga programme repurposes office buildings as rental apartments. (Image: WCC)
Maria Slade
It was no coincidence the big guns turned out for the official opening of New Zealand Exchange-listed Kiwi Property’s Resido build-to-rent (BTR) development in Sylvia Park in June.The shiny new 295-apartment complex is one of only a few examples in NZ so far of a new category of accommodation: apartments purpose-built to offer quality, affordable, long-term rentals to those unable or unwilling to buy their own home.Prime Minister Chris Luxon and Housing Minister Chris Bishop took to the stage at the Resido opening to proudly announce...

More Finance

Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025
Heartland Group’s Q1 trading solid, not without challenges
Finance

Heartland Group’s Q1 trading solid, not without challenges

Heartland Group reports solid Q1 performance as NZ business conditions challenging.

Staff reporters 24 Oct 2025
Kiwibank eyes a fairer fight with the Aussie big four
Finance

Kiwibank eyes a fairer fight with the Aussie big four

Kiwibank, partway through a $500m capital hike, sells growth and culture stories.

Andy Macdonald 23 Oct 2025
FNZ case adds plaintiffs in latest legal twist
Finance

FNZ case adds plaintiffs in latest legal twist

Employee shareholders at FNZ are using a second entity.

Victoria Young 22 Oct 2025