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The late "Minibus King" Ma Ah-muk

Family of Hong Kong’s Late Minibus King Marketing Budget Hotel as Student Housing Play

2024/08/22 by Kevin He Leave a Comment

The family of Hong Kong’s late “Minibus King” Ma Ah-muk has put up for sale a 93-key hotel in the city’s Sai Ying Pun area, with brokers marketing the budget hostelry for conversion to student housing.

With Ma having built… Read More>>

Stephen Gaitanos of Scape

Lendlease, Scape Secure Final Approval for $1.2B Melbourne Redevelopment Project

2024/08/21 by Christopher Caillavet Leave a Comment

ASX-listed construction giant Lendlease and Australia’s largest owner-operator of student housing, Scape, have received final approval for their A$1.7 billion ($1.2 billion) transformation of Queen Victoria Market in central Melbourne.

The mixed-use project, featuring 1,100 beds for university students and… Read More>>

Stan Tang Stan Group

Stan Group Hotel Up for Sale as Student Housing Conversion in Kowloon

2024/08/12 by Michael Cole Leave a Comment

A hotel in Hong Kong’s Mong Kok area is being marketed as a student housing investment for private buyers as the city’s hospitality market flounders and higher-end rental housing players stay on the sidelines.

Hotel Ease – Mong Kok is… Read More>>

Scape CFO Tim Peel (Image: Scape)

Australia’s Scape Raises $2B in Debt as Student Housing Market Surges

2024/08/08 by Kevin He Leave a Comment

Australia’s largest owner and operator of student housing Scape has closed on A$3 billion ($2 billion) in fresh debt financing, with part of the offering nearly three times oversubscribed amid growing appetite for purpose-built student accommodation (PBSA) in the country.

… Read More>>

Ruban Kaneshamoorthy of Brookfield

Brookfield Acquires Half Stake in Australia’s Journal Student Living

2024/08/05 by Kevin He Leave a Comment

Brookfield Asset Management has acquired a 50 percent stake in Journal Student Living, the student accommodation operating unit of Australian developer and investor Citiplan, as it seeks to capitalise on an influx of international students into Australia’s already tight private… Read More>>

QIP, Gamuda Land Launch $128M UK Student Housing JV With London Project

2024/07/08 by Christopher Caillavet Leave a Comment

Singapore-based Q Investment Partners has formed a £100 million ($128 million) UK student housing joint venture with Malaysian builder Gamuda Land to develop a 299-bed project in southeast London.

The property in the Woolwich area on the south bank of… Read More>>

Serena Teo Ascott

CapitaLand Ascott Trust Buys Out South Carolina Student Housing Project

2024/06/04 by Christopher Caillavet Leave a Comment

Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining 10 percent stake in the US student accommodation asset.

In 2021, CLAS (then known as Ascott Residence Trust) teamed with sponsor The Ascott Ltd… Read More>>

Hiew Yoon Khong of Mapletree

Mapletree Buys $1.3B European Student Housing Portfolio From Cuscaden Peak

2024/04/12 by Michael Cole Leave a Comment

Singapore’s Mapletree Investments continues to expand its global portfolio of student housing with the unit of Temasek Holdings announcing on Friday that it has acquired 31 purpose-built student accommodation (PBSA) assets in Europe from its compatriots at Cuscaden Peak Investments.

… Read More>>

Stephen Gaitanos of Scape

APG, Ivanhoe Cambridge Back Scape in $658M Aussie Student Housing JV

2024/04/09 by Michael Cole Leave a Comment

Australia’s largest owner and operator of student housing is about to move up a grade with Scape announcing today that it has formed a fresh A$1 billion ($658 million) joint venture with the Netherlands’ APG Asset Management and Canadian pension… Read More>>

Singapore’s Cambridge RE Buys Second Aussie Education Property in Three Months

2024/04/08 by Beatrice Laforga Leave a Comment

Singapore fund manager Cambridge RE Partners has made its second purchase of an Australian educational property in three months with its acquisition of a 592-bed property near Sydney, according to an announcement by the firm.

On behalf of its Cambridge… Read More>>

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