A real estate group has announced its expansion into the affordable housing market, seeking to support households struggling in today’s rental market.
Highland has announced that it will begin operating as an Affordable Housing Provider across its six NSW offices, having obtained its dedicated property management licence.
The government’s initiative provides rental homes at below-market rates to support very low- to moderate-income earners, with more residential projects beginning to incorporate affordable housing into their developments.
The network said the move strengthened its end-to-end capability across the residential development life cycle and enabled it to provide a specialised property management service to developers and landlords.
Highland head of project marketing, Luke Barbuto, said the milestone was part of the brand's adaptation to the changing property landscape.
“Securing our Affordable Housing Property Management Licence strengthens the way we support our developer clients,” Barbuto said.
“From bringing new projects to market to the compliant management of affordable housing stock, this is a real end-to-end opportunity for our team.”
Highland head of property management, Brad McHugh, said securing the licence was a significant task that took nearly two years.
“Now that we have obtained it, our team, particularly in property management, can provide a specialised, compliant service for developers and landlords delivering affordable housing,” McHugh said.
“It strengthens our operational offering and ensures these properties are managed efficiently, professionally and in line with all regulatory requirements.”
Highland CEO David Highland said that acquiring the new licence was about more than growing the business; it was also about supporting lower-income earners.
“It’s about helping people access housing that fits their household budgets, while also providing our developer clients with a trusted partner to manage these homes responsibly.”
“We are proud that Highland can play a part in delivering housing solutions that make a real difference in people’s lives,” Highland concluded.
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