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.
Superloop seizes on education recovery with $50m deal for student broadband provider VostroNet
Bevan Slattery-founded internet infrastructure provider Superloop (ASX: SLC) has seized on the post-COVID recovery of Australia’s tertiary education sector by penning a deal of up to $50 million for VostroNet Holdings, a specialist student accommodation broadband provider.
UniAcco, largest Global Student Accommodation platform expands its services in Australia
SYDNEY, /PRNewswire/ -- UniAcco, the largest global prop-tech student accommodation platform announced the expansion of its services to the Australian market today. The platform provides students with premium housing located in the vicinity of their universities and colleges.
Cedar Pacific doubles up in Adelaide as students return
Specialist investment manager Cedar Pacific is expanding its purpose-built student accommodation portfolio with the acquisition of an established 405-bed facility in central Adelaide, through a deal worth around $50 million.
Troubled Developer’s Gold Coast Sites Hit Market
https://www.theurbandeveloper.com/articles/queen-street-village-sites-sale-developer-failed
Multibillion-dollar wall of private capital tilts towards property
Allocations by the super funds to the property sector are forecast to grow threefold over the next two decades to $820 billion, a wall of money that could fuel the development of alternative assets such as rental housing and healthcare or spark a fresh round of takeovers, according to Credit Suisse.
Scape Readies $50m Student Accommodation Project
https://www.theurbandeveloper.com/articles/scape-australia-student-accommodation-130-leicester-street-calrton-development-construction
Perth CBD development site for sale
A prime development site in Perth’s CBD earmarked for a 30-storey student accommodation tower will soon be offered to the market. The 1,400sqm site is located on the corner of Pier and Wellington streets and was previously home to Wellington Surplus Store for 75 years.
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