Australia’s growing population a ‘big target’ for Daiwa House

According to The Australian Financial Review, Daiwa House sees Australia as a “big target” for growth, buoyed by demand from an increasing population, but is quiet about whether expansion plans will include its challenged subsidiary, Rawson Homes.
Japan’s largest home builder acquired Sydney-based Rawson in 2017 and last month announced a build-to-rent joint venture with Lendlease – in which it will invest $250.5 million by June 2025 – as part of plans to expand globally at a time when Japan’s domestic population is shrinking.

https://www.afr.com/property/residential/australia-s-growing-population-a-big-target-for-daiwa-house-20230809-p5dv2j