Assael eyes Aussie build-to-rent bonanza with new studio
By Jim Dunton2021-02-23T07:00:00
Sydney base becomes firm’s second outpost, four years after Bahrain office opens
Assael Architecture has opened a studio in Sydney to capitalise on its build-to-rent experience ahead of an anticipated boom in Australia.
The practice, which is based in Putney, south-west London, said that a “wall of capital” was ready to invest in build-to-rent opportunities Down Under and its UK experience with Grainger, Legal & General and Essential Living made it a leader in the sector.
Assael director Loren Thanyakittikul, who will head up the firm’s Sydney studio, said the current climate was an “excellent opportunity” for the move, which would allow the practice to focus on the buy-to-rent and co-living sectors it had helped to pioneer in the UK.
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