Investors look to multi-family property as home prices soar

Asset owners and fund managers are becoming increasingly eager to invest into multi-family housing, particularly in Australia and US, to take advantage of growing numbers of middle class people unwilling or unable to buy their own residential properties.  Aware Super is one. The Australian superannuation fund intends to particularly focus on multi-family housing for key workers, retirees and overseas serviced apartments. And it is seeing rival investors also raising their interest…