Aware Real Estate, in partnership with Altis Property Partners, confirms the exchange of contracts for 44-48 O’Dea Street, Waterloo, in a deal which will unlock a new affordable housing stock in one of Sydney’s most desirable inner suburbs.
This transaction is the latest strategic build to rent development executed by Aware Real Estate which has $2bn of assets under management and a development pipeline of $3bn, targeting locations with existing and new infrastructure that will in turn, drive long-term demand underpinning capital growth.
Upon completion, the apartments will form part of the leading super fund Aware Super’s Build-to-Rent portfolio and also support the Aware Super Essential Housing Program which provides quality accommodation at discount to market rates to frontline workers such as nurses, teachers and police officers.
To read the full article as featured in The Australian Financial Review,3rd September 2023.