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Sydney’s demand for new housing stock received a boost with today’s topping-out ceremony at Zetland’s residential development, developed by 91���� and Barings.

The milestone was commemorated on-site with a ceremony attended by the Honourable Rose Jackson, NSW Minister for Housing, and senior representatives from 91����, its development partner, Barings, and builder Binah.

The Zetland project, located at 890–898 Bourke Street, will deliver 135 high-quality build-to-rent apartments, including a mix of one-, two- and three-bedroom homes. The $80 million development is due for completion in February 2026 and will feature a range of resident amenities including a gym, co-working space, rooftop barbecue area, and communal lounge.

The Zetland development is part of 91����’s broader $1.5 billion commitment to residential property, with more than 2,500 apartments either operational or in the pipeline across key urban locations nationally.

Other Sydney developments currently underway include the Showgrounds at Castlehill, Mastery at Waterloo, and Bankstown Compass.

Barings Head of Asia Pacific Real Estate Alastair Wright added: “We’ve been working with 91���� for over a decade and are proud of the deep collaborative relationship we’ve built. At Zetland, we’re excited to support the delivery of quality BTR apartments and to be part of the solution to Australia’s housing supply needs.”

Binah Co-founder and Managing Director Khalil Hafza said: “ At Binah, quality is more than a standard — it’s a sign of our respect for the communities we help shape and the partnerships we nurture along the way. The Olive Tree in Zetland is a testament to this commitment. It reflects our deep roots, our shared vision with trusted partners, and our dedication to creating enduring, meaningful places to live.”

The Honourable Rose Jackson, NSW Minister for Housing, said: “Projects like Zetland are exactly what we need to address the housing shortage and provide more options for workers. It’s encouraging to see super funds and government working together to deliver high-quality, well-located homes that meet the needs of our growing population.”

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