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Real estate
PBSA: Sector resilience backed by long-term growth
The purpose built student accommodation (PBSA) sector in Australia has shown resilience, as proven by robust demand before and after the pandemic. Although the pandemic created some headwinds, Australia’s proximity to fast growing middle-income economies, high-quality education and relative affordability are among the compelling reasons underpinning the sector’s strength.
As the third largest education market globally, Australia still remains under-supplied compared with other global markets. As a result of these structural tailwinds, we believe the PBSA sector can provide advantages within a globally diversified real estate portfolio.
Download the full paper for more on:
- How the pandemic impacted PBSA
- The impact of the Australian government’s cap
- Demographic shifts
- Our current outlook for the sector
