Institutional investors target Australian student housing

Australia's Purpose-Built Student Accommodation (PBSA) sector is experiencing rapid growth, driven by the return of international students in the years following the Covid-19 pandemic and a shortage of suitable housing. "Education is Australia's fourth biggest export. We have the third-highest number of enrolled international students globally but limited high-quality purpose-built student accommodation in our capital cities relative to other education hubs,” said Ruban Kaneshamoo…