Financial Review: $100b Singaporean investor makes big move in student housing

25 August 2025

Australian Financial Review
25 August 2025
Nick Lenaghan

Mapletree Investments has entered Australia’s growing student housing sector with an 835‑bed, $300 million project in central Perth, marking its first major move into the local PBSA market. The development was initiated by Alceon, which secured approvals and will remain involved as development manager. With strong demand and limited existing supply, Mapletree views Australia—particularly Perth—as a key growth market and expects this project to be the first of several.

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