The Australian Property Institute is excited to be able to deliver a new valuation guidance paper to support an evolving new asset class – Build to Rent.
With the continued evolution of the build to rent asset class in Australia, as well as its dominant purpose, the Property industry, including investors and developers and those in the wider Valuation profession have been increasingly calling for a standardised approach to support the sector to fulfil its potential in Australia.
The API has been implementing a variety of critical initiatives to support the evolution of this new asset class in the Property sector: New Build to Rent Valuation Guidance Paper.
Created by a variety of multi-disciplinary, build to rent, industry experts as well as receiving member feedback, please see attached the release of a new Build to Rent Guidance Paper.
The purpose of this new API valuation guidance paper is to:
- promote a consistent approach to the valuation of this asset class
- provide information and guidance to Valuer Members undertaking valuations of Build to Rent property for any purpose
As with all new guidance with evolving asset classes, we anticipate that this guidance will evolve accordingly.
Please click here for the link to the final guidance paper. Any queries, please contact [email protected].
Education Resources and Events on Build to Rent
The API has created webinar resources and events that are easily accessible to API members at an affordable member price. Please click here to access the member learning portal to access webinars and events on this critical property topic.
There will be a webinar on this Guidance paper, details to be released shortly.
Posted on August 24, 2022