Australia & New Zealand

Global property player Lendlease’s race to refocus its efforts on Australia has been given a handy boost, as it wins approval for a $1.7 billion project in central Melbourne involving rental housing, student accommodation and office space.

The Australian government is urged to work with universities to ensure access to and availability of affordable student housing in the final report from...

Aspen Group Limited has purchased 81 student apartments near Deakin University’s Burwood campus. The c24 square metre Burwood dwellings are each costing $100,000.

Marquette Properties has snagged a Brisbane CBD office building at a 25 per cent discount to the price it last traded for eight years ago, after it sat on the market for over 18 months.

Brookfield plans to convert a residential project in the heart of the Melbourne CBD to student accommodation. Brookfield now wants to build a 39-storey student-accommodation building comprising 1013 lodging rooms and 1038 student beds, 425sq m of retail space and 2310sq m of communal space.

Cedar Pacific and CBRE Investment Management have launched a green loan partnership with Sumitomo Mitsui Banking Corporation (SMBC), a milestone in sustainable financing for the purpose-built student accommodation asset class.

Student accommodation giant Iglu expects to begin construction on its latest student digs—a 300-room mixed-use tower in Sydney’s south-east suburbs—within the next four months.

A new $80 million student accommodation hub has been approved in the Perth CBD, and will provide a further 835 people with a place to stay as the state’s housing crisis deepens.

Australia’s international education sector is facing significant disruption due to a sharp spike in student visa rejection rates, rescinded offers to some international students,...

Griffith University’s Gold Coast campus is set to boast a new student accommodation tower housing 459 new beds with Campus Living Villages onboard for the project.