Optimism And Opportunity Abounds Amidst The Pandemic

After 10 years of sustained development and growth the Australian student accommodation market had begun to reach a point of early maturity. Liquidity had begun to flow, new generation PBSA was opening and global investors were circling, 2020 was exploding with optimism throughout the student accommodation sector and across its various affiliates.

Prior to Semester 1, PBSA operators were reporting near record occupancies for the 2020 academic year, following continued levels of excessive enrolment growth, sequentially generating expansion opportunities for city based and regional universities. The value to the economy of the international education sector had also hit a staggering $40.3 billion as at Q419, up 14% YoY, offering hope to a lagging national economy …

View original article