Student Accommodation

Australia has been named the top student accommodation market in the world as the sector matures in the eyes of global investors.

Student accommodation provider Scape has taken the mantle as the country’s top student accommodation provider by picking up the Atira platform in a near $700 million deal, with the backing of powerful duo Allianz Real Estate and AXA Investment Managers-Real Assets.

With its decorative facade and elaborate exterior mouldings, a former Redfern hotel has been snapped up amid unprecedented interest. The building, located at 105 Regent St, sold for $5.28 million. JLL’s Gordon McFadyen and Dylan …

Student accommodation group Scape has emerged in the box seat to pick up the Atira portfolio being sold by funds manager Blue Sky and investment bank Goldman Sachs as it draws on its operational edge against financial rivals for the $600 million portfolio.

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.

Student accommodation manager UniLodge is looking towards Australia’s growing build-to-rent space to further diversify its portfolio.

Student accommodation company Scape is experiencing strong demand from overseas markets seeking top-quality facilities.

Continued international student interest in Australia has driven a 14% leap in the number of beds in student accommodation facilities.

Student accommodation company Scape has begun its redevelopment of “The Block” in the Sydney suburb of Redfern into a 554-room building as it also moves ahead with the building of several major east coast projects it plans to bring on line by the end of 2021.