Student Accommodation

Student accommodation group Scape has emerged in the box seat to pick up the Atira portfolio being sold by funds manager Blue Sky and investment bank Goldman Sachs as it draws on its operational edge against financial rivals for the $600 million portfolio.

International students could deliver the Darwin economy a $375 million windfall if Charles Darwin University reaches it target of attracting 5000 overseas students by 2025.

Student accommodation manager UniLodge is looking towards Australia’s growing build-to-rent space to further diversify its portfolio.

Student accommodation company Scape is experiencing strong demand from overseas markets seeking top-quality facilities.

Continued international student interest in Australia has driven a 14% leap in the number of beds in student accommodation facilities.

Student accommodation company Scape has begun its redevelopment of “The Block” in the Sydney suburb of Redfern into a 554-room building as it also moves ahead with the building of several major east coast projects it plans to bring on line by the end of 2021.

It’s good to know that young homebuyers aren’t the only ones being turned away by the big banks.

The student accommodation sector is proving to be one of the busiest areas of the year with two major portfolios on the block and international capital circling for more opportunities.

Plans to convert the old Geelong Advertiser building for student accommodation will provide a boost for the resurrection of the city centre, a local commercial real estate agent says.