- Aligns with our strategy focused on growing our purpose-built student accommodation (PBSA) platform in key Australian capital cities
- The 155,000+ sq ft asset allows us to capture a market with strong economic tailwinds and continued low provision rates, acting as a consistent foundation for sector growth
- This PBSA offers 483 beds in studio, twin and 4 & 5 bed shared apartment configurations with an array of facilities such as a café, co-working areas, kitchen and dining, communal lounge, cinema, gym and laundry room
- Sustainability highlights include a ‘5-Star Green Star As-Built’ certification
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The Switch Perth Central
Key information
Alternatives
Sector
2019
Acquired
Perth, Australia
Location
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*Please note that the assets shown are a select sample only and do not represent all of Nuveen Real Estate's assets. The case studies presented herein reflect an objective, non performance-based standard. It should not be assumed that any investment has been or will be profitable.