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.
Plans have been lodged for a new 296-bed student accommodation building in Petrie. The development application, submitted to Moreton Bay City Council, is for an eight-storey building at 1 Young St.
The Student Accommodation Council says it is concerned at a CBRE report, which has found that student accommodation demands remain high. The report, titled Accommodating the growth in students, records a growth of seven percent of current room volume between 2023-2026 should be met by the allotted timeframe, but will be far short of the units required.
Moreton Bay-based developer Pantex has filed plans for a 296-bed purpose-built student accommodation project at Petrie, the first of its kind in the newly renamed City of Moreton Bay.
The Institute of Public Affairs (IPA) published a report in June titled “Mass Immigration Induced Housing Shortage”, which predicted that Australia would face a net housing shortage of 252,800 dwellings by 2028, due to a projected 1.
Research by an Australian think tank, the Institute of Public Affairs (IPA), claims that Australia will face a supply shortfall of 252,800 housing units...
GroupGSA has won a design excellence competition from developer Linkcity to deliver a new 560-bed student housing project in Newcastle’s West End. If approved, it will be first purpose-built student accommodation building in Newcastle’s city centre.
Y Suites, a prominent provider of student accommodation in Australia, is expanding its presence with new locations in Sydney and Canberra — Y Suites on Gibbons and Y Suites on Moore.
The University of New South Wales and student accommodation powerhouse Iglu have lodged joint plans for a huge student village in Sydney’s eastern suburbs.
Gurrowa Place development: Apartments, student accommodation and offices to form part of Queen Victoria...
Hundreds of apartments and more than 1,000 student accommodation beds will be built as part of a $1.7 billion transformation of one of Australia's most famous market sites.