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Student accommodation is in crisis mode as the number of new visas being issued far outweigh the chronic level of low supply of available beds

Student accommodation is in crisis mode as the number of new visas being issued far outweigh the chronic level of low supply of available beds

Article - Demand Outpacing Supply in Australian Student Accommodation Market - In an Accommodating the Growth in New Students report, CBRE highlights that an incremental 8,000 PBSA rooms will be delivered across Australia over 2023-2026 – representing a 7% uplift.

MAPS Capital is reportedly seeking $200 million for its second fund, while NxtGen Capital has launched its first fund to invest in the US.

The $400m investment by the Singaporean sovereign wealth fund will fuel a $1.75 billion pipeline of apartment projects, says the Rich Lister.

The effect of rising interest rates is showing up in the numbers, curbing investors’ borrowing capacity and crimping commercial property transactions.

The three new warehouses in Truganina, in Melbourne’s west, sold fully leased to Singapore’s Frasers for $61 million.

MinterEllison has advised a Singaporean investment fund in regards to the international sale of student accommodation units for $568 million.   Firm:             MinterEllison (Wee Hur).    

The investment by a subsidiary of Singaporean sovereign wealth fund GIC comes as global institutional capital pours into the student accommodation sector.

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