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University of Wollongong exercises right to buy back accommodation units early, resulting in its withdrawal from the process and prompting asset manager to reconsider the portfolio sale.
The country's successful response to covid-19 might offer it a competitive edge over the UK and US once life normalises.
The sale, from its first Public Infrastructure Partners Fund, is expected to generate strong returns in what's seen as a hot PPP market.
Diversified Infrastructure Trust to return to the market for funds after increasing its student accommodation portfolio to more than 5,000 beds.
The firm is targeting more deals in the sector, to which it is aiming to commit 20%-25% of its Diversified Infrastructure Trust.
Clean Energy Finance Corporation makes $112m commitment to the new closed-ended fund that will target ‘high-growth’ assets.
The alternative real estate sector has seen a flood of new entrants and increased supply.
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