Australia & New Zealand

Construction has officially commenced at Waterloo Collective, a $900 million joint venture between Mirvac and John Holland, which will deliver a mixed-use precinct combining residential apartments, social housing, student accommodation, commercial offices, a vibrant ground plane including retail, co

The Sydney North Planning Panel has approved plans for a 732-bed student accommodation facility at Macquarie Park, designed by AJC.

Australian Unity has teamed up with investment manager MaxCap Group and student digs operator UniLodge with plans to develop a $1 billion portfolio of accommodation facilities, with the seed asset already acquired in Perth.

QuadReal, the real estate investment arm of British Columbia Investment Management Corporation, has mandated Australia’s listed property group GPT to manage its existing, wholly-owned Australia and New Zealand student accommodation portfolio.

Blackstone has purchased Brisbane-based Student One for more than A$500 million ($322 million), according to sources, marking the US private equity giant’s first student accommodation investment in Australia and in the broader Asia Pacific region.

Plans have been lodged for a new 296-bed student accommodation building in Petrie. The development application, submitted to Moreton Bay City Council, is for an eight-storey building at 1 Young St.

The Student Accommodation Council says it is concerned at a CBRE report, which has found that student accommodation demands remain high. The report, titled Accommodating the growth in students, records a growth of seven percent of current room volume between 2023-2026 should be met by the allotted timeframe, but will be far short of the units required.

Moreton Bay-based developer Pantex has filed plans for a 296-bed purpose-built student accommodation project at Petrie, the first of its kind in the newly renamed City of Moreton Bay.

The Institute of Public Affairs (IPA) published a report in June titled “Mass Immigration Induced Housing Shortage”, which predicted that Australia would face a net housing shortage of 252,800 dwellings by 2028, due to a projected 1.

Research by an Australian think tank, the Institute of Public Affairs (IPA), claims that Australia will face a supply shortfall of 252,800 housing units...