New build-to-rent platform Alt Living is confident of raising up to $200 million from offshore and local institutional investors to fund its first two projects in Melbourne, after teaming up with local developer Landream.

Newly minted build-to-rent platform Alt Living is confident it will raise $200 million in capital in order to break ground on two build-to-rent projects in central Melbourne this year.

Alt Living seeks to raise A$200m by first close for new fund.