BUILD FOR RENT

The Purple Sand approach to Build to Rent is a unique one....

Standard Model

  • Typically 150 apartments + in a single location

  • 10 storey buildings and towers

  • Short - medium term rentals

  • Flexibility to move during lease

  • Contract builders with >30% margins

  • Returns based on add on use of concierge  services and  and amenities at a price

  • No incentive to reduce tenant cost of living

  • Fixed overhead structures

Purple Sand Model

 

  • 15 - 50 boutique across multiple locations  

  • 3 to 6 storey buildings

  • Medium - long term rentals

  • Flexibility to move during lease

  • The Builder is the Developer

  • Returns based on recurring rentals

  • Minimise cost of living for tenants

  • Low variable cost structure

  • Rent Roll owned by Fund