Worries about shortage of student accommodation
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
Stay updated with breaking news from Wee Hur. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.