Canadians tip $1b into Scape’s student digs
Canadian property giant Ivanhoe Cambridge is committing close to $1 billion in funding to student housing operator Scape’s main fund, as the sector bounces back strongly with the return of international students.
The fund, Scape Core Program, is the largest such in the country, with a portfolio of 27 facilities in Sydney and Melbourne, holding more than 13,000 beds. Overall, Scape controls 16,000 beds nationally …