Australia & New Zealand

Superloop seizes on education recovery with $50m deal for student broadband provider VostroNet

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Bevan Slattery-founded internet infrastructure provider Superloop (ASX: SLC) has seized on the post-COVID recovery of Australia’s tertiary education sector by penning a deal of up to $50 million for VostroNet Holdings, a specialist student accommodation broadband provider.

UniAcco, largest Global Student Accommodation platform expands its services in Australia

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SYDNEY, /PRNewswire/ -- UniAcco, the largest global prop-tech student accommodation platform announced the expansion of its services to the Australian market today. The platform provides students with premium housing located in the vicinity of their universities and colleges.

Cedar Pacific doubles up in Adelaide as students return

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Specialist investment manager Cedar Pacific is expanding its purpose-built student accommodation portfolio with the acquisition of an established 405-bed facility in central Adelaide, through a deal worth around $50 million.

Troubled Developer’s Gold Coast Sites Hit Market

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https://www.theurbandeveloper.com/articles/queen-street-village-sites-sale-developer-failed

Multibillion-dollar wall of private capital tilts towards property

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Allocations by the super funds to the property sector are forecast to grow threefold over the next two decades to $820 billion, a wall of money that could fuel the development of alternative assets such as rental housing and healthcare or spark a fresh round of takeovers, according to Credit Suisse.

Scape Readies $50m Student Accommodation Project

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https://www.theurbandeveloper.com/articles/scape-australia-student-accommodation-130-leicester-street-calrton-development-construction

Perth CBD development site for sale

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A prime development site in Perth’s CBD earmarked for a 30-storey student accommodation tower will soon be offered to the market. The 1,400sqm site is located on the corner of Pier and Wellington streets and was previously home to Wellington Surplus Store for 75 years.

Western Australia makes multi-million-dollar effort to attract international students

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SYDNEY, Sept. 14 (Xinhua) -- The Western Australian (WA) government has launched several schemes worth a combined total of 16.8 million Australian dollars (11.3 million U.S. dollars) aimed at reinvigorating the state's international education sector.

Pelligra plots big future for Dandenong Plaza

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Busy private developer Ross Pelligra has bought a major mall at Dandenong, the commercial hub in Melbourne’s south-east, in a $145 million deal that brings with it the prospect of a substantial redevelopment.
aerial photography of bridge

Diversification targets receive mixed opinion in post-lockdown Australia

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Whilst UK universities are bouncing back from Covid-19 in their international student numbers, Australia is finding the transition slightly more tricky. As one of...
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