The pipeline of dedicated student accommodation beds has jumped almost 19 per cent in six months, with Melbourne, Brisbane and Sydney accounting for the largest shares of the growing market, new figures from the Property Council of Australia and consultancy Urbis show.
Scape Franklin Street, in central Melbourne, is the largest asset included in the developer’s $6 billion fund. With 50,000 square metres of gross floor area, it is the largest mixed-use and education building globally.
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