Kiwi Property turns to Aussie partner to kickstart Resido returns

Kiwi Property turns to Aussie partner to kickstart Resido returns
The new build-to-rent complex will boast a rooftop terrace and BBQ area. (Image: KPG)
Brent Melville
Kiwi Property Group says it has received 600 enquiries from prospective tenants for the 295 units in its new Resido build-to-rent development to open at Sylvia Park in Auckland in May. Despite the big response, the listed property group has signed a deal with Sydney-based serviced apartment management firm Urban Rest to manage 34 of those units for an initial three years, with the option of extending by a further two. As the country’s largest build-to-rent (BTR) project to date, the $220 million development will offer one- to th...

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