Brookfield to acquire student accommodation site for $370m.

Brookfield, an investment manager, agreed to acquire student accommodation site in Australia for $370m. “The thematics driving student housing are strong as we move into a post-Covid environment. There has been significant growth in international student enrolments over the past 10 years, driven by a burgeoning Asian middle class who view Australia as an attractive studying location, and we expect growth to rebound in the coming years," Ruban Kaneshamoorthy, Brookfield Head of Real Estate Investments.