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Breaking Ground at Novus on Albert, Chatswood

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Breaking Ground at Novus on Albert, Chatswood

Last week, we joined our valued client Novus, M&G Real Estate and our project partners to celebrate the official groundbreaking of Novus on Albert in Chatswood.

Designed by Rothelowman, the development will deliver 199 purpose-designed Build-to-Rent apartments across 27 levels. With a focus on resident wellbeing and community, Novus on Albert will offer a new standard of rental living, with thoughtfully designed residences, premium amenities and shared spaces.

From early contractor involvement to construction now underway, we’ve worked closely with the wider team to reach this milestone. Clear direction from Novus throughout the ECI process helped our teams establish a collaborative working relationship, with a shared understanding of what the project would deliver.

“It takes something to start a relationship, and that something is trust. You have put a lot of trust in us, and we don’t take that lightly. On behalf of myself, Amen and the whole team here today, we look forward to partnering with you on the delivery of this project and making it a success for all of us.”

— Khalil Hafza, Managing Director, Binah

M&G Real Estate’s Head of Australia, Alex Banzic, also expressed his confidence in Binah:

“It is obviously a challenging site. There’s a lot to think about, and I’m sure Binah will meet those challenges head on and deliver what will be a terrific, terrific project.”

— Alex Banzic, Head of Australia, M&G Real Estate

Speaking to the importance of long-term partnerships, Novus Co-founder and Chief Development Officer, Jason Goldsworthy, shared the approach that has guided our collaboration.

“Our approach with Binah has been to build a relationship based on transparency, trust and working through problems together, rather than simply pushing the risk from one side of the table to the other. For us, Novus on Albert isn’t about delivering one project together. We see this as a foundation for what we hope will be many more.”

— Jason Goldsworthy, Co-founder and Chief Development Officer, Novus

With Australia’s BTR sector continuing to grow, we’re proud to be delivering the homes Australia needs alongside Novus and M&G Real Estate, with a shared commitment to raising the standard of rental living.

Construction is underway, with completion anticipated in 2029.

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Breaking Ground