Australia & New Zealand

Scape reportedly in exclusive talks to buy retirement village operator Aveo

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The student accommodation provider, working with Macquarie Capital and Deutsche Bank on due diligence, is likely to call on the two banks and Scape’s capital partners to buy the $3 billion plus business owned by Brookfield.
people on beach during daytime

Australia: Opposition reveals plans for international student number cap and visa fee hike

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The Australian higher education and PBSA sectors have hit back at Opposition plans to further increase international student visa fees and implement a tougher...

Brookfield, Citiplan Melbourne CBD Student Digs Completed

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The first purpose-built student accommodation project by the Brookfield and Citiplan joint venture has completed in Melbourne’s CBD. Construction took 19 months and finished nearly three months ahead of schedule with prefabricated solutions used.

Freecity secures two more offices for BTR conversion

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Freecity Group has bought two more offices from GPT – next to each other at Sydney Olympic Park – with plans for a build-to-rent based mixed use project. Covering 2.13 hectares, 3 Figtree Drive and 6 Herb Elliott Avenue, are costing $90.88 million.

PBSA asset in Brisbane’s Lady Lamington Building for sale – Savills

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A rare opportunity to acquire a beautifully restored Purpose-Built Student Accommodation (PBSA) building on the fringe of Brisbane’s CBD has been presented to market.

MinterEllison advises Wee Hur on A$1.6B PBSA Portfolio sale

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The portfolio consists of seven high-quality PBSA assets spanning across major capital Australian cities and comprising over 5,500 beds.

Australian Homestay Network Offers International Student Accommodation Solution

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Australia’s leading international student homestay provider is advocating for a collaborative approach to address the country’s accommodation challenges and help alleviate pressure on the...
flag hanging on pole

Outbound Indian student numbers drop by 15%

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The number of Indian students studying abroad declined by nearly 15% in 2024 compared to the previous year, with the largest decline observed in...

University of Newcastle appoints contractor to build new student accommodation

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Work to deliver the new University of Newcastle City Campus Student Accommodation is one step closer with the recent appointment of Hansen Yuncken to deliver the main construction work. Artist impression of the University Newcastle proposed city campus student accommodation northern view.

Wee Hur completes disposal of 37.1% stake in PBSA segment for A$355.4 mil

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Wee Hur Holdings has completed the disposal of its 37.1% indirect stake in seven of its purpose-built student accommodation (PBSA) assets to Greystar.
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