Category Archives: Press Release

Samma Property Group and impact investment firm Brightlight have snapped up a fresh site after partnering up to “disrupt the rental sector”, beginning with four premium build-to-rent projects in Melbourne to the sum of $750m.

Samma Property Group and impact investment firm Brightlight have snapped up a fresh site after partnering up to “disrupt the rental sector”, beginning with four premium build-to-rent projects in Melbourne to the sum of $750m.

Melbourne is continuing to claim the lion’s share of build-to-rent apartments with Samma Property Group the latest developer preparing to break ground on a number of build-to-rent projects following a $750-million capital-raising.

This new model created by Samma and Brightlight will create engaging communities that are inclusive and address the shortcomings of inner-city, high-rise developments such as isolation or lack of social connection between tenants or landlord/agent issues.

Property developer Samma Property Group has partnered with impact investment management firm Brightlight to launch a $750 million capital-raising for four “shovel-ready” build-to-rent projects, with plans to more than double that pipeline over the longer term.

Collingwood-and-Fitzroy-dividing Smith St has been crowned the world’s coolest street in a global ranking of hipster hubs and boss hangouts.

Spec Property Group is celebrating 25 years in the building industry by changing its name to Samma Property Group and bringing other related companies, BuildID, Inhabit Design and Motion Maintenance under the moniker.

Developer Spec Property will sweeten an apartment project it has submitted for planning approval in Fishermans Bend by boosting the level of affordable housing and proposing a different legal framework to encourage investment.

Samma Group may not be recognised instantaneously as an established Melbourne residential developer, but the Cremorne-based company has a number of subsidiaries under its umbrella which maintain a higher public profile. Chief amongst them is SPEC Property which continues to expand its portfolio of development sites throughout metropolitan Melbourne.

Mid-tier developer Spec Property is set to launch a 250-apartment project, Flagstaff Green, in West Melbourne as it prepares to significantly expand its development portfolio.