Infratil reviews stake in ANU student accommodation

Wed, 07 Nov 2018

By Gavin Evans Nov. 7 (BusinessDesk) - Infratil is looking to sell or restructure its stake in a Canberra student accommodation concession after failing to find other investments in the sector. The company says the Australian National University portfolio stands out by scale and quality in Australia’s purpose-built student accommodation sector. But when it bought the concession in August 2016 it had expected it to become a cornerstone element in a larger portfolio. “Those investment opportunities have not yet eventuated,” the company s...

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