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The Institutional Real Estate Letter - Australia

March 1, 2014: Vol. 3, Number 1

A first for Australia's student accommodation sector

Author: Jennifer Molloy

Niche property can provide an avenue for foreign and local investors seeking to enter Australia’s competitive real estate market, and Singaporean sovereign wealth fund GIC and Macquarie Capital have done just that by forming a joint venture that has acquired a majority interest in student accommodation group Iglu.

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