Australia & New Zealand

Singapore’s sovereign wealth fund GIC has ruled off a major coup on Australian shores, agreeing terms to sell its student accommodation business for a $1.6 billion gross price – or about three times the $568 million it spent on securing the investment from Singapore-listed real estate investment firm Wee Hur Holdings in 2022.

The historic Duke of York Hotel on Currie Street is set to become Adelaide’s next skyrise, hosting a bustling new cafe and student accommodation block to meet the escalating demand for student housing in the city, while paying homage to the hotel’s rich heritage.

Australian real estate investment trust Dexus and Marquette Properties have acquired an office building in Brisbane, which they will repurpose into a A$500m (€310m) student accommodation facility.

Plans for a nine-storey student housing development have now been filed by the University of Newcastle as it moves ahead with the development of its city campus.

Australia-based Cairns College of English & Business has expanded its product portfolio with the acquisition of a premium student accommodation residence. Cairns College of English...

Construction is set to begin on a 1,000-bed student accommodation complex at The University of Queensland’s St Lucia campus. The $285 million development in Walcott Street has been enabled through a Queensland Treasury Corporation loan with building to start in October.

Scape, Australia’s largest owner and operator of purpose-built student accommodation (PBSA), has launched the first of five buildings, collectively called KEKI, as the first step in its ambition to create ongoing sustainable value to Sydney’s first University precinct, stretching from Kensington to Kingsford in Sydney’s south.

Following months of speculation and uncertainty for the international education sector, Australia has finally announced an international student cap to take effect from 1...

Plus Architecture have lodged a development application for a new purpose-built student accommodation (PBSA) development in Petrie, Moreton Bay, north of Brisbane, Australia.

Charles Darwin University (CDU) will collaborate with Campus Living Villages (CLV) on the accommodation which is expected to house around 350 students and will be located at 56 Wood Street across the road from CDU’s Danala | Education and Community Precinct.