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Hot Topic EARNINGS
Property
2 mins to read

Infratil exits ANU student accommodation ownership

Infratil was unable to build on its strong start to investing in purpose-built student accommodation in Australia, so has opted to sell.

Gill South Mon, 01 Apr 2019

Infratil has conditionally sold its 50% share in an Australian National University student accommodation portfolio concession to AMP Capital for $A162 million, making a tidy profit.  

Infratil acquired its 50% share of the then 30-year concession for nine, on-campus ANU student accommodation

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Gill South Mon, 01 Apr 2019
Contact the Writer: gill@nbr.co.nz
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Infratil exits ANU student accommodation ownership
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