Victoria University chooses $1.8 million loss over higher increase in hall fees
Te Herenga Waka Victoria University of Wellington says an estimated $400,000 Wellington rates rebate is effectively being passed back on to students in the form of a lower increase to hall fees for next year. It comes as the university predicts a $1.
Barings establishes APAC real estate debt operations
Barings Real Estate Debt is now in Asia Pacific, with three new loans and plans for more. Barings has agreed a combined $259.3 million in loans in Australia, including $162.5 million to fund the construction of two purpose-built student accommodation projects in Sydney and a $40.
How Australia became a blueprint for a $78b Canadian fund
For Canadian investment giant Ivanhoé Cambridge, its strategy in Australia has become very much a blueprint on how to inflation-proof returns from real estate in a world of rising rates.
Surge in student visa refusal rates causing alarm in Australian education sector
A sharp dip in the number of offshore Australian student visas approved for students from India, Pakistan and Nepal has sparked concern following a surge in applications from these countries since Australia’s borders reopened.
Canadians tip $1b into Scape’s student digs
Canadian property giant Ivanhoe Cambridge is committing close to $1 billion in funding to student housing operator Scape’s main fund, as the sector bounces back strongly with the return of international students.
More International Students Choose Australia As Their Study Destination of Choice
Australia has become more popular than ever, as the study destination of choice for international students, according to a new report by IDP Connect.
Pacifica Gosford, the largest concept approved development site on the Central Coast, sells
The revitalisation of the Gosford CBD is on track with the sale of significant master-planned site. The largest concept approved, mixed use development site on the Central Coast, known as Pacifica Gosford, has been sold by Paul Lederer's Lederer Group.
Work hours to be capped in 2023 for Australian student visa holders
If you’re thinking of earning well on the side after classes end, you might have to cross off the Land Down Under from your potential study destination list.
Sunkin Breaks Ground on $500m Highett Masterplan
Melbourne-based Sunkin Property Group has broken ground on a $500-million-plus mixed-use project at the former-CSIRO site in Highett, one of Melbourne’s largest and most flexible infill development sites.
No concession on BTR tax, Productivity Commission says
The Productivity Commission report into housing and homelessness will disappoint build-to-rent developers by declaring the federal government should not reduce the 30 per cent withholding tax that keeps foreign investors out of the growing sector.