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UNSW Sydney completed the acquisition of Jacaranda Hall student accommodation complex from SC Capital Partners for AUD $85m.

Synopsis

UNSW Sydney, a research and teaching university, completed the acquisition of Jacaranda Hall student accommodation complex from SC Capital Partners, a Singapore-headquartered private equity real estate firm, for AUD $85m. "This high-profile asset has delivered excellent value and return for our investors. As an investment manager committed to key investment thematics with strong demographic driven tailwinds, we were an early mover in the highly sought after student accommodation sector. Other high conviction strategies that are a key focus for the firm include hospitality and data centres, where we continue to see a strong pipeline," Suchad Chiaranussati, SC Capital Partners, Founder and Chairman.

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