Simplicity completes development with 48 inflation-pegged rentals
Simplicity Living has completed its second build-to-rent development, creating 48 new homes where tenants will have the option of choosing to have their rental increases pegged to inflation.
Simplicity Living, which is linked to KiwiSaver provider Simplicity, is attempting to build 10,000 homes via an entirely integrated system where it runs the build, management, and filling of rooms.
The Onehunga development, named Oranga, is the second development to be completed, following a 69-home development in the Auckland suburb of Point England.
https://www.stuff.co.nz/business/132590041/simplicity-completes-development-with-48-inflationpegged-rentals
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