Scape Wins $434M Investment From Korea’s NPS for Living Sector Platform
Australia’s biggest owner-operator of student housing, Scape, has secured a A$700 million ($434.3 million) equity commitment from South Korea’s National Pension Service for a suite of living sector investment strategies, the parties announced Thursday.
Carillon City: Forrest family’s Fiveight lodges $400m development plan
A major revamp is finally in the works for the desolate retail strip in the City of Perth’s heart that will bring a “lifestyle” hotel, shopping plaza and student accommodation.
Contentious 181-Room Perth Student Digs Approved
The project at 55-57 Fairway, Crawley, was approved by a Western Australian Planning Commission (WAPC) panel. It will include a gymnasium, sauna and swimming pool on level eight, and an outdoor communal amenities deck with a lounge, dining and satellite kitchen facilities.
Greystar’s $1.6b plunge into Australian student accommodation as Singaporeans exit
US-based property investment group Greystar, the company behind one of Australia’s biggest build-to-rent projects, has taken a dive into the local student accommodation market after forking out $1.6 billion for seven assets in five cities.
Dexus lobs bid for big super’s Aussie student apartment portfolio
The $7.5 billion listed landlord Dexus has submitted a bid for the Australian portfolio of big super’s student housing player Campus Living Villages, which this year resurrected a failed $2 billion sale attempt from 2016.
HS Optimus to Develop Student Housing in Carlton
HS Optimus Holdings Limited (SG:504) has released an update. HS Optimus Holdings Limited has submitted a planning permit application to transform its freehold land in Carlton, Victoria, into a purpose-built student accommodation.
Tensions rise in Australia as controversial student cap legislation fails to pass Senate
A new report from student insight analytics platform Voyage Insights highlights that negative sentiment among current and prospective international students towards Australia has increased...
Major 19-storey student housing development plans unveiled ahead of booming UWA-QEII precinct
Plans for a 19-storey student residence near UWA have joined the list of growing accommodation developments in the area and could provide housing for more than 450 regional and international students.
New Developments Announced for Perth City Link to Boost Housing and Student Accommodation
The Cook Labor Government has named Oceania Capital Group and Erben Place Pty Ltd as the preferred developers for three of the final land parcels within the Perth City Link project.
Scape Australia achieves PBSA sector first in sustainability
Owner and operator of PBSA – Scape Australia – has become the first in the sector to achieve a world-leading 6 Star Green Star Design and As Built (v1.3) rating by the Green Building Council of Australia (GBCA).