Aussie student housing fund gets $645m from Canada pension

International students pouring back into Australia after border reopening

20221031 Scape

Rental residential operator Scape manages Australia’s largest student accommodation fund. (Photo from Scape Facebook page)

PIMFHA CHAN, DealStreetAsia

BANGKOK -- Ivanhoe Cambridge, the property arm of Canada's second-biggest pension fund, has invested 1 billion Australian dollars ($645 million) into Australia's largest student accommodation fund, which is managed by rental residential operator Scape.

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