The company aims to bring 2,000 units to market in the first phase of development
Pro-invest Group, a prominent real estate asset manager and investment firm, is entering the residential market with its new Flexible Living model, developed to capture the extensive potential of Co-living across Australia. The company is set to own and operate approximately 2,000 apartments across ten assets in its first tranche of development; and anticipates scaling it to the size of their current hotel business (circa 6,000 keys).
Led by industry veteran, Ronald Stephen Barrott, Pro-invest Group have been an active player in hospitality investment and operations around the world for over three decades. They now manage one of the largest, and most sustainable, operating platforms in Australia, with 32 assets (6,000 keys) open and in development across all major markets, and AUD$3 billion of assets under management.
Pro-Invest Group’s integrated platform generates value by blending development, operations, and active asset management. Experts in new build construction and conversions of hotel and office assets, the company’s ability to manage the full life cycle of projects makes them a unique proposition in the Australian market.
You can now read the full press release at the link below