Investors and property developers are calling for Government and councils to back build-to-rent schemes to help address the housing crisis.Build- to-rent is a new sector in housing investment that builds accommodation for the rental market. Unlike traditional renting, it typically provides more security for tenants because it doesn’t work on the capital growth model. Instead […]

Investors and property developers are calling for Government and councils to back build-to-rent schemes to help address the housing crisis. Build- to-rent is a new sector in housing investment that builds accommodation for the rental market. Unlike traditional renting, it typically provides more security for tenants because it doesn’t work on the capital growth model. Instead […]

Last month, New Zealand’s construction industry suffered a sudden disruption as companies like Ebert and Orange-H collapsed. From an outside view, it was a bit surprising…after all, the economy is booming and demand for new buildings ought to follow. We’ve certainly observed that in the residential sector. Increased demand combined with limited supply meant house […]

The release of the report Build-To-Rent, Who? What? Where? follows a public statement last week by Housing Minister Phil Twyford that he was seeking advice on encouraging more build-to-rent development, possibly with the use of Crown land. These developments were multi-unit residential buildings and developments specifically built to provide long-term rentals, rather than be sold individually. They were often […]

Property funds management company, Haven Funds, today announced the launch of Haven Living, an Invest-to-Rent fund and develop a $500m portfolio of residential properties to be made available for rent across the country. The fund, called Haven Living, is the first of its kind in New Zealand, based on a model that has worked successfully […]

Kerry Hitchcock has been involved in both residential & commercial property from different aspects for about 30 years – from agency through to apartment development and, highly relevant for his next venture, management once those developments were completed. The investment memorandum for the “invest-to-rent” fund, by Haven Funds Management Ltd, is due out shortly and […]

Tenants will become customers and landlords “housing providers” under a new model of renting proposed by an investment fund Haven Funds has been founded to invest in residential property, with a view to letting it long-term. It is open to wholesale investors, whose money will be pooled to buy the properties. Co-founder and chief executive […]

To follow is an excerpt from a story in the New Zealand Herald. You can read the original article here. Tim Lichtenstein, formerly of Colliers International, is a co-founder and chief executive of Haven Funds which is aiming to buy new homes and pay investors returns. “The target for year one is $50m, $150m in […]