Rental Growth Forecasts Strong for PBSA Expansion

More than 4000 beds will be under construction in the next 18 months as purpose-built student accommodation continues its steep growth trajectory.

Foreign capital is increasingly chasing exposure to the Australian alternative living sector as significant transactions continue to make headlines. 

Greystar recently completed its acquisition of the GIC-Wee Hur JV portfolio of 5662 beds across seven sites for $1.6 billion. 

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Article originally posted at: https://www.theurbandeveloper.com/articles/pbsa-expansion-rental-growth-forecast