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Singapore state investor Temasek will focus on the “highest-quality projects” within cryptocurrencies and blockchain-related assets; Asian family offices prefer digital assets following weak returns from their traditional portfolios; and more.
The Canadian investment giant has partnered with Scape Core Program, and now holds the largest and pre-eminent student housing portfolio in Australia.
The fund manages a portfolio of 27 rental residential buildings and 13,000 rooms for college students.
The investment comes amid a recovery in the student accommodation sector as well as increasing interest from institutional investors for rental housing, ranging from student accommodation to build-to-rent.