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Deutsche Asset Management plans first ever Australian build-to-rent project

Wednesday, November 11, 2026 · first reported by IPE Real Assets

Deutsche Asset Management (DAM) is partnering with residential developer FYVE and contractor Binah on its first build-to-rent project in Australia. DAM has bought a site in Liverpool, western Sydney, for one of its real estate funds. The purchase depends on planning approval, which is expected in 2027.

Plans cover a 34-storey tower with about 414 apartments, aimed at mid-market renters such as key workers. The scheme falls under DAM's living investment initiative, which also targets suburban Brisbane and Melbourne. Ben Taylor, DAM's head of real estate for Australia, commented on the deal.

Also named
FYVE, Binah
People
Ben Taylor
Asset class
Real estate
Geography
Asia-Pacific

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