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Scape Australia's Core PBSA Fund attracts CBRE IM backing

Lucas Cacioli
As student housing demand grows across Australia, institutional investors are increasing allocations to purpose-built student accommodation through Scape's new open-ended fund structure.
Scape Australia's Core PBSA Fund attracts CBRE IM backing

Scape Australia has secured additional capital for its $3.9 billion (A$6.0 billion) Core Purpose-Built Student Accommodation (PBSA) Fund, with clients of CBRE Investment Management's Indirect Private Real Estate Strategy becoming the latest investors to commit to the vehicle.

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