Education

German investment house Allianz is defying fears about the virus crisis crippling the student accommodation market and has snapped up a pair of student housing buildings in the heart of Melbourne for almost $460 million.

The first vertical school in Greater Springfield offering an international education program could be open by 2024, providing a “town and gown experience” for students.

A regional Victorian primary school that closed in 2013 — months before being promised a $220,000 funding boost off the back of the Gonski Review — is being sold off.

The former Clayton West Primary School has sold for an eye-watering $23 million in a deal that added $9 million to its price in just five years.

A fund managed by listed property fund manager Primewest has sold the iconic “Chambers” building and an adjoining eight-storey office building “The Tower” in Brisbane’s CBD for $47.4 million.

Western Sydney University has partnered with home builder Mirvac to redevelop its Milperra campus as it transitions towards vertical campuses.

A huge property featuring a community services centre has raised Ferntree Gully’s price benchmark by more than $3 million in a pre-auction deal.

The celebration of carparks is generally limited to a rush of joy when you land a good one, but this curvaceous Melbourne space has serious national street cred.

International students could deliver the Darwin economy a $375 million windfall if Charles Darwin University reaches it target of attracting 5000 overseas students by 2025.