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Strong interest both domestically and offshore in this asset is indicative of the AUD$1 billion of equity chasing student accommodation assets in Australia
AUSTRALIA, 29 NOVEMBER 2013 – RMIT Village in Melbourne, which provides 456 bedrooms of purpose built student accommodation, has been sold to Singapore-based Centurion Corporation for AUD $60 million, subject to FIRB approval.
The deal was transacted by Jones Lang LaSalle’s Conal Newland and Noral Rich on behalf of Transfield Holdings.
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