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Lendlease calls for change to expand in build-to-rent sector

People & Companies / Latest News

Australia

Aug 29 2017

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Carolyn Cummins, The Sydney Morning Herald

Changes to Australia's GST treatment for developers are needed if the country is to follow America and Britain in pushing greater use of build-to-rent models, building giant Lendlease said.

The company is looking to focus on the build-to-rent sector in its US and London developments in the coming years but the GST in Australia made it uncompetitive for developers compared to building for resale.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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