Warburg Pincus and Australian real asset investment manager Kio Investment Management have increased their capital commitment to accelerate investment in Build to Rent and expand into purpose-built student accommodation (PBSA) across Australia’s major gateway cities.

“Strong population growth, constrained housing supply and increasing demand for institutionally managed rental housing continue to create attractive long-term fundamentals.”

Andrew Fitzpatrick, Managing Director, Warburg Pincus

The partnership, which was established in 2024, has already secured four schemes across tier-one submarkets in Sydney, Melbourne and Brisbane. All four schemes have received development approval, with construction already underway on…