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Ex-Grocon duo to lead Macquarie’s $500m build to rent platform
Grocon’s former head of development, Dan McLennan, and former Grocon transactions manager Matthew Berg will spearhead Macquarie’s push to create a $500 million build-to-rent portfolio on behalf of institutional investors in the burgeoning sector.
The duo will lead new BTR platform Local, which will kick off with a 500-unit project in Kensington in Melbourne inner north-west, due to be completed by the end of 2024.
Read more about Local as covered by Larry Schlesinger in the Financial Review.