What is Alternative Residential Housing?

Variously known as “Multi-family” or “Purpose-Built Residential”, the Alternative Residential Housing sector comprises a large-scale property asset class that is focussed on professionally managed, long-stay rental housing. Comprising businesses associated with the provision of long-stay residential housing under a lease agreement, the Alternative Residential sector includes a variety of managed property types, each offering individual levels of apartment or unit floor-plan styles, amenities and community facilities. Businesses in this property management sector are categorised into residential facilities describing their purpose. These categories include Build-to-Rent (BTR), Purpose-Built Student Accommodation (PBSA), Co-Living, Housing-for-Multiple Occupancy (HMO), Retirement Living and Workforce Accommodation.