Asia real estate and outbound investment news
Blackstone has purchased Brisbane-based Student One for more than A$500 million ($322 million), according to sources, marking the US private equity giant’s first student accommodation investment in Australia and in the broader Asia Pacific region.
The acquisition comprises three premium… Read More>>
Singapore-based Centurion Corp has sold off its sole student housing property in South Korea in a deal valued at KRW 21.25 billion ($16 million), as the rental residential specialist narrows the scope of it student accommodation strategy.
Centurion, together with… Read More>>
Q Investment Partners has formed a joint venture with Soilbuild Group on a £200 million ($245.5 million) UK student housing platform, as the Singapore-headquartered companies look to profit from one of the more resilient asset classes favoured by Asia-based investors.
The reopening of Australia’s borders and recent shifts in regulation at the state level have helped drive rapid growth in the country’s build-to-rent sector, which is expected to mature into a A$9.6 billion ($6.5 billion) market by 2027. Low… Read More>>
Rushabh Desai, former Asia Pacific CEO of Allianz Real Estate, has joined forces with Stephen Gaitanos and Craig Carracher, the co-founders of rental housing developer Scape Australia, to launch Varsity Group Asia, a fund management business targeting high-growth alternative real… Read More>>
Fund manager Sunway RE Capital has acquired a student housing property in southern England, adding to a burst of recent acquisitions in the asset class by Singapore-based investors in the UK.
The real estate platform controlled by Malaysia’s Sunway Group… Read More>>
Singapore-based Centurion Properties is proposing to build a 732-unit student housing complex in Sydney, Australia for A$132.17 million ($91.5 million) to serve the growing demand for high quality facilities generated by a wave of returning overseas students.
A unit of… Read More>>
A UK regulator has cleared the proposed acquisition of Student Roost by Singapore sovereign wealth fund GIC and US developer Greystar after the deal was investigated over concerns that it could reduce competition among student housing players in one of… Read More>>
City Developments Ltd has beefed up its student housing portfolio in the UK with the acquisition of five properties for £215 million ($266.5 million), as the asset class continues to attract Singaporean investors to Britain and continental Europe amid a… Read More>>
With student visa applications in Australia having hit their highest level ever in June, according to government statistics, the country’s largest provider of university housing is welcoming the arrival of some fresh cash thanks to Canada’s Ivanhoe Cambridge.
The real… Read More>>
