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Precisely Property - EPISODE THREE: Addressing Australia's Housing Crisis: The Role of BTR and the Fund-Through Model

EPISODE THREE: Addressing Australia's Housing Crisis: The Role of BTR and the Fund-Through Model

07/09/24 • 32 min

Precisely Property

In this episode Richard is joined by Tim Chislett, Partner at Allens, to discuss the housing and rental crises in Australia, the role Build to Rent (BTR) can play in addressing the crises as well as the fund-through model in Australia.

After discussing various regulatory challenges in the housing market, we explain what the BTR fund-through model is, discuss its pros and cons, and share lessons learned for Australian developers and financiers. Tune in for valuable insights into this innovative financing strategy and its impact on the real estate market.

Tim is a real estate specialist, providing strategic advice in relation to complex property developments, capital transactions and real estate join ventures. Tim has a unique perspective of real estate investments, funds management and development, having spend several years as General Counsel and General Manager, Strategy at a property fund.

Recognised by Chambers and Legal 500 as one of its Next Generation Partners, Tim is particularly renowned for his BTR expertise and deep experience negotiating fund-through development transactions. Some recent highlights include advising Mirvac on the establishment of its $1.8bn BTR fund and many clients on BTR fund-through transactions. He has also been busy in the industrial space, notably recently acting for LOGOS on its Amazon facility in Craigieburn – the biggest industrial project ever in the Southern hemisphere.
EPISODE LINKS
Tim Chislett LinkedIn
Allens
Tim Chislett - Show Notes

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This podcast is for educational purposes only and should not be considered investment or financial advice. This podcast is not intended to replace or supplement professional investment, financial or legal advice. Please seek professional advice based upon your personal circumstances. The views expressed by our podcast guests may not represent those of Charter Keck Cramer. This podcast may not be copied, reproduced, republished or posted in whole or in part without the prior written consent of Charter Keck Cramer.

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In this episode Richard is joined by Tim Chislett, Partner at Allens, to discuss the housing and rental crises in Australia, the role Build to Rent (BTR) can play in addressing the crises as well as the fund-through model in Australia.

After discussing various regulatory challenges in the housing market, we explain what the BTR fund-through model is, discuss its pros and cons, and share lessons learned for Australian developers and financiers. Tune in for valuable insights into this innovative financing strategy and its impact on the real estate market.

Tim is a real estate specialist, providing strategic advice in relation to complex property developments, capital transactions and real estate join ventures. Tim has a unique perspective of real estate investments, funds management and development, having spend several years as General Counsel and General Manager, Strategy at a property fund.

Recognised by Chambers and Legal 500 as one of its Next Generation Partners, Tim is particularly renowned for his BTR expertise and deep experience negotiating fund-through development transactions. Some recent highlights include advising Mirvac on the establishment of its $1.8bn BTR fund and many clients on BTR fund-through transactions. He has also been busy in the industrial space, notably recently acting for LOGOS on its Amazon facility in Craigieburn – the biggest industrial project ever in the Southern hemisphere.
EPISODE LINKS
Tim Chislett LinkedIn
Allens
Tim Chislett - Show Notes

We'd love your feedback, send us a message today.

LET’S CONNECT

Subscribe
Instagram
Website
LinkedIn
Email > [email protected]

This podcast is for educational purposes only and should not be considered investment or financial advice. This podcast is not intended to replace or supplement professional investment, financial or legal advice. Please seek professional advice based upon your personal circumstances. The views expressed by our podcast guests may not represent those of Charter Keck Cramer. This podcast may not be copied, reproduced, republished or posted in whole or in part without the prior written consent of Charter Keck Cramer.

Previous Episode

undefined - EPISODE TWO: Affordable Housing Insights: The Progressive Residential Affordability Development Solution (PRADS) Model

EPISODE TWO: Affordable Housing Insights: The Progressive Residential Affordability Development Solution (PRADS) Model

In this insightful episode, we are excited to welcome Robert Pradolin, a seasoned expert in the property industry and a passionate advocate for affordable housing. Robert, the founder and Director of Housing All Australians (HAA), shares his wealth of experience and deep insights into the housing sector and how solutions to Australia’s housing crisis must be driven by the private sector. Robert believes that Australia's housing crisis is too big for government to solve alone. We dive into the innovative PRADS Model (Progressive Residential Affordability Development Solution), discussing its potential impact on unlocking private sector capital for affordable housing and how that makes it a game changer. This episode is packed with valuable information for anyone interested in the future of housing in Australia.
Robert Pradolin has been a prominent figure in the property industry for over 40 years. His extensive experience includes serving as General Manager of Frasers Property Australia (formerly Australand) for over 18 years. As the founder and Director of Housing All Australians (NFP), Robert has dedicated his career to addressing housing affordability. He also serves on the Board of Homes Tasmania and Livery Housing, a disability housing provider.
Throughout his career, Robert has actively contributed to various industry bodies, including the Property Council of Australia (VIC), the Residential Development Council, the Housing Industry Association (VIC), the UDIA (VIC), Salvation Army Housing, Liveable Housing Australia, and the Heritage Council of Victoria. He was also a member of the Victorian Board of Advisors of the Property Industry Foundation.
Join us for this engaging episode as we delve into the future of affordable housing with one of the industry's leading experts.
EPISODE LINKS
Robert Pradolin LinkedIn > https://www.linkedin.com/in/robert-pradolin/
Housing All Australians > https://housingallaustralians.org.au/
Undercover Documentary narrated by Margot Robbie > https://www.undercoverdocumentary.com/

We'd love your feedback, send us a message today.

LET’S CONNECT

Subscribe
Instagram
Website
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Email > [email protected]

This podcast is for educational purposes only and should not be considered investment or financial advice. This podcast is not intended to replace or supplement professional investment, financial or legal advice. Please seek professional advice based upon your personal circumstances. The views expressed by our podcast guests may not represent those of Charter Keck Cramer. This podcast may not be copied, reproduced, republished or posted in whole or in part without the prior written consent of Charter Keck Cramer.

Next Episode

undefined - EPISODE FOUR: A Financier’s Perspective on the BTS and BTR Apartment Markets across Australia

EPISODE FOUR: A Financier’s Perspective on the BTS and BTR Apartment Markets across Australia

In this episode, Richard Temlett is joined by Mark Power, Head of Income Credit at Qualitas, for an in-depth discussion on the current state of the Built to Sell (BTS) and Build to Rent (BTR) apartment markets. With over 30 years’ experience in real estate finance, Mark shares his expert insights on land values, build costs, and prices across various states. They explore Qualitas’ views on BTR, the key risks and opportunities in different markets, and the outlook for the next 12 months.

Mark Power is the Head of Income Credit at Qualitas, responsible for the investment outcomes and growth of the income credit business and investment strategies. He joined Qualitas in 2017, and has over 30 years’ experience in real estate finance, with a strong reputation for structuring and delivering attractive capital solutions for clients.

Before joining Qualitas, Mark held senior roles within the Corporate and Institutional Property division at NAB, spanning over 20 years. His extensive background in Australia’s major banks has provided him with a deep understanding of the property finance landscape.

Join us for this insightful episode as Mark shares his expert perspective on the BTS and BTR apartment markets, offering valuable insights and a strategic outlook for the future.
EPISODE LINKS
Mark Power LinkedIn
Qualitas

We'd love your feedback, send us a message today.

LET’S CONNECT

Subscribe
Instagram
Website
LinkedIn
Email > [email protected]

This podcast is for educational purposes only and should not be considered investment or financial advice. This podcast is not intended to replace or supplement professional investment, financial or legal advice. Please seek professional advice based upon your personal circumstances. The views expressed by our podcast guests may not represent those of Charter Keck Cramer. This podcast may not be copied, reproduced, republished or posted in whole or in part without the prior written consent of Charter Keck Cramer.

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