Higher enrollment in tertiary education has led to universities seeking private sector funding for residential facilities to house the next generation of students.
With student numbers growing and a solid development pipeline in place, the outlook for Australia’s Purpose Built Student Accommodation (PBSA) sector is positive.
Alternative assets have experienced spectacular growth since 2010, with research from JLL showing global investment volumes for the sector reached a record high in 2016.
Equity funds and investment managers have tripled their investment in alternative real estate assets -such as student housing and data centres – in the last five years.
Investors are increasingly turning to alternatives in the hunt for asset diversification.