University of Newcastle appoints contractor to build new student accommodation
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
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.
Student Housing Without Borders as GSA Builds for the Long Term
For students, accommodation is more than just a place to sleep—it’s where friendships form, communities thrive, and university life begins. As student needs evolve,...
Transformation of Kensington: A new era for Anzac Parade
Kensington is undergoing an exciting transformation, reshaping this iconic eastern Sydney suburb into a vibrant, connected, and sustainable destination.
Leading by example: Anouk Darling CEO of Scape Australia
Anouk Darling, CEO of Scape Australia, discusses Scape's mission to become The Earth's Best Living Company, keeping ahead of trends in student needs and...
CBRE puts Yugo’s Berkeley Street PBSA on the market
Property consultancy CBRE, on behalf of global purpose-built student accommodation (PBSA) operator Yugo, has brought a PBSA scheme in Melbourne to the market. The Yugo Berkeley Street development opened in April 2019 and has been operational since 2020.
Backed by private sector, student housing pipeline rises to 35,605 beds in Australia
Mainly driven by the private sector, Australia’s student accommodation development pipeline has grown by 5,605 beds since Semester One last year, bringing the total pipeline of student-only beds to 35,605. The bulk of the supply is concentrated in Melbourne, Brisbane and Sydney.
M&G Real Estate Enters Australia Student Housing Market With $62M Melbourne Buy
M&G Real Estate has acquired a purpose-built student accommodation asset in Melbourne for $61.8 million, marking the fund manager’s first investment in Australia’s booming PBSA market.
Wee Hur’s shareholders vote in favour to sell PBSA segment for A$355 mil at...
Majority of Wee Hur Holdings ’ shareholders have voted in favour for the sale of its seven purpose-build student accommodation (PBSA) in Australia in its extraordinary general meeting (EGM) held on Feb 28, according to a bourse filing on March 10.
SC Capital Partners sells Sydney student housing asset to UNSW
Singapore-based private equity real estate firm SC Capital Partners has sold a student accommodation property in Sydney to UNSW Sydney at a 19% premium to its current book value. The 7,900 sqm asset, located at 159-171 Anzac Parade and 1 Lorne Avenue in Kensington, comprises 233 student beds and a ground-floor commercial podium.
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