The Clean Energy Finance Corporation (CEFC) has committed has committed debt finance of $32 million to the 428-bed student accommodation project in Adelaide, its first major property investment in the South Australian capital city.
The CEFC’s funding will go towards the construction of the specialist project in Waymouth Street, Adelaide. Kit will be managed by specialist student accommodation provider Atira Student Living, and it is a joint venture investment between Blue Sky Private Real Estate (BSPRE) and Goldman Sachs. BSPRE is developing the project, which is expected to open in February 2018, the CEFC said.
The content you are trying to access is only available to subscribers. There are several options available to you if you want to view this content, from full subscriptions to temporary passes just for this article. Click here for more information.
Latest posts by Rachel Alembakis (see all)
- Government to introduce Australian Modern Slavery Act - August 18, 2017
- The Sustainability Report Podcast: Yolanda Beattie - August 18, 2017
- Sustainable Melbourne Fund, ARENA, extend partnership in Victoria - August 18, 2017