ANU Student Accommodation

ANU Student Accommodation

Globally, universities are taking a more active role in providing accommodation as student numbers rise.

On 4 August 2016 Infratil completed the acquisition for A$82.5 million (NZ$84.6 million) of a 50% shareholding in a student accommodation concession granted by the Australian National University based in Canberra. The other 50% was acquired by Infratil’s partner the Commonwealth Superannuation Corporation. 

The concession is for 30 years and provides the partners with the net rental revenue from nine on-campus purpose built student residences comprising 3,760 beds. The long-term concession includes responsibility for the provision of facilities, building maintenance, management services and lifecycle replacement. The University retains responsibility for marketing and managing student applications, processing rental agreements, cleaning and providing pastoral care to residents. ANU is generally recognised as “best in class” with its residences.