Curtin University PBSA Acquisition
Bentley, WA
Tetris Capital served as financial advisor and asset manager to the original Live-in Learning consortium, which included InfraRed Capital Partners, Programmed FM, UniLodge, St Catherine’s College, and Probuild. This consortium sponsored and developed the Curtin University Purpose-Built Student Accommodation (PBSA) project.
Tetris Capital has advised, Infranexus and IFM Investors on the acquisition of a 100% equity interest in the project company, Live-in Learning, from InfraRed Capital Partners. This strategic acquisition provides Infranexus and IFM with exposure to the growing student accommodation sector and expands their footprint in Western Australia.
The project, which commenced operations in January 2022, includes over 2,000 purpose-built student accommodation beds, a 60-key boutique hotel, 38 premium apartments, commercial spaces totalling 3,000 m², and 12 retail shops. All assets will be returned to Curtin University at the end of the 35-year concession in 2054.
LOCATION
Bentley, Western Australia
CLIENT
Infranexus
TOTAL VALUE
Undisclosed
OUR ROLE
Financial Advisor
FINANCIAL CLOSE
2025