Australia & New Zealand

Craig Carracher and Stephen Gaitanos co-founded Scape Australia, now the nation’s largest purpose-built student accommodation (PBSA) provider, managing around 20,000 apartments across 40 properties with a portfolio valued at $20 billion and plans to expand to 100,000 beds by 2030/32.

Cedar Pacific has appointed Seyda Andrews as Legal & Compliance Manager to support its growth in Build to Rent and purpose-built student accommodation (PBSA) sectors, focusing on strengthening legal frameworks and governance across its funds and assets.

A $300 million student accommodation tower with 892 beds across 26 levels is set to rise on Little Bourke Street in Melbourne’s CBD, addressing the city’s growing student housing shortage amid a wider rental crisis.

Hickory and MaxCap have launched construction on a $300 million, 26-level PBSA development at 570 Little Bourke Street, Melbourne, delivering 892 beds across 748 units with premium amenities and completion targeted for late 2027, managed by UniLodge.

Hickory and MaxCap have commenced construction on a $300 million purpose-built student accommodation (PBSA) project in Melbourne’s CBD.

Hickory and MaxCap have begun construction on a $300 million, 26-level PBSA project at 570 Little Bourke Street in Melbourne’s CBD, delivering 892 beds across 748 units with extensive student amenities and a planned opening in Semester 1, 2028.

A new student housing development in Sydney’s eastern suburbs is reshaping the connection between student living and community life, with the completion of Scape Kensington in Randwick. 

Multiplex has topped out Journal Student Living’s $194 million Market Way PBSA project in Melbourne’s CBD, a 40-level development delivering 715 rooms and 1,010 beds with extensive communal amenities and 172 bicycle spaces, reflecting student transport preferences.

Singaporean developer Centurion plans a $300 million project at 200 North Terrace, Adelaide, featuring three towers including a 30-storey student accommodation building, with construction expected to start in 2027 pending planning approval.

Journal Student Living acquired a 2747 sqm site on North Terrace, Adelaide, for $26.29 million, planning a $400 million student accommodation tower that marks its entry into the Adelaide market and aims to address the city’s significant housing shortfall for students.