![[+] Sentinel prepares to make Queensland debut after scooping up Gold Coast site](/_next/image?url=https%3A%2F%2Fimages.ctfassets.net%2F8pr762qjocl3%2F3L8cXtUP4FdohRe6IxbKNt%2F213d939eca4b95186a122b70ed76f5bd%2F____sentinel_gc_debut_web.jpg%3Fw%3D1600%26q%3D75&w=3840&q=75)
US-based build-to-rent giant Sentinel is on the march, putting its sizeable foot on its first Queensland site in a strategic move for some northern exposure in the Australian market.
In a significant move for the emerging asset class, it has swooped on a 1.44ha development site at Robina on the Gold Coast in a deal believed to be worth close to $20 million.
The acquisition of the development-ready parcel at 5-8 Stadium Drive—next to one of Queensland’s biggest sporting arenas—heralds not only Sentinel’s debut in the Sunshine State but the first purpose-built institutional build-to-rent play on the Gold Coast by one of the sector's powerhouse platforms.
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