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Australian Unity, MaxCap join to create A$1b student portfolio
Investors - OCTOBER 12, 2023

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Australian Unity, MaxCap join to create A$1b student portfolio

by Andrea Zander

Australian Unity has teamed up with investment manager MaxCap Group and UniLodge with plans to develop a A$1 billion ($635 million) portfolio of accommodation facilities, with the seed asset already acquired in Perth, reported the Australia Financial Review.

The 30-story tower will open in time for the 2026 first semester at Edith Cowan University. It will total 732 beds.

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