Investa has announced the appointment of Michael Hogg as General Manager, Build to Rent for Indi, its recently launched build to rent management platform.
In this newly created position, Michael will lead the operations and property management functions of Indi, which is targeting a portfolio of over 5,000+ apartments.
Michael has a demonstrated track record in establishing and operating real estate businesses, with expertise in end-to-end residential technology ecosystems and resident engagement platforms. Most recently, Michael was Senior Vice President, Marketplace for co-living operator Hmlet in Singapore and Australia and prior to that, established and operated a successful real estate technology business in Asia.
“I am delighted to welcome such an entrepreneurial and experienced executive to the Real Estate Operations team. Michael’s dynamic approach and proven track record in successfully establishing, growing and operating diverse, consumer-facing real estate businesses will add significant value to our operation and team,” said Sally Franklin, Chief Operating Officer, Real Estate.
“I am very much looking forward to establishing Indi as the leading build to rent operation in the country. As a new category, we have a fantastic opportunity to shape this new residential rental offering in Australia and I am excited to be working with this team to bring it to life,” said Mr Hogg.
With a focus on Sydney and Melbourne, each Indi project will provide a strongly differentiated offering, with high quality apartments, extensive yet tailored amenities and dedicated on-site teams providing residents with 24-hour first class service. Indi already has over 900 apartments in its pipeline at two development sites in the Sydney CBD and in Footscray, Melbourne.
About Indi
Indi is a newly established build to rent management platform in Australia, wholly owned by Investa. Indi’s vision is to deliver a better rental experience for Australians and create a positive new dynamic between tenant and manager. Indi is targeting a portfolio of 5,000+ apartments, with a focus on Sydney and Melbourne. Each project will provide a strongly differentiated offering, with high specification apartments, extensive, tailored amenities and dedicated on-site service teams, located close to major transport links and public amenity. Investa’s local market expertise and people, combined with Oxford’s global track record in the sector will enable Indi’s outperformance in the Australian build to rent sector.
www.indiliving.com.au
About Oxford Properties Group
Oxford Properties Group (“Oxford”) is a leading global real estate investor, asset manager and business builder. It builds, buys and grows defined real estate operating business with world-class management teams. Established in 1960, Oxford and its portfolio companies manage approximately C$70 billion of assets across four continents on behalf of their investment partners. Oxford’s owned portfolio encompasses office, logistics, retail, multifamily residential, life sciences and hotels; it spans more than 150 million square feet in global gateway cities and high-growth hubs. A thematic investor with a committed source of capital, Oxford invests in properties, portfolios, development sites, debt, securities and real estate businesses across the risk-reward spectrum. Together with its portfolio companies, Oxford is one of the world’s most active developers with over 100 projects currently underway globally across all major asset classes. Oxford is owned by OMERS, the Canadian defined benefit pension plan for Ontario's municipal employees.
For more information on Oxford, visit www.oxfordproperties.com.
