Making Renting a Lifestyle Choice (Stuff)

Having a rental on a secure, long lease is something that is especially useful to those in their more mature years.

Brian Collins, director and head of Build-to-Rent specialist New Ground Living, which prefers tenants to take three to five-year leases, says up to 30 per cent of his tenants at the company’s Hobsonville Point terraced houses and apartments, are over 60.

Quite a few of those over 65 have owned property in the past, and are choosing to live in brand new warm homes with security and community, he says.

New Ground Capital

New Ground is an investment manager specialising in investments that generate financial returns alongside social and environmental impact. NZ’s first specialist institutional build-to-rent provider, they have been developing and managing modern rental developments with security of tenure since 2014.

https://www.newground.co.nz/
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A Case for Build to Rent (Newsroom)