Part 3/11:
Escape is part of a broader growth story of PBSA in Australia, a market that has seen rapid investment over the last decade. The sector's expansion is fueled by a combination of rising university enrolments—both domestic and international—and a severe undersupply of quality accommodation options.
Specifically, in Sydney, there are approximately 31 students for every student accommodation bed, highlighting the housing shortage. This imbalance pushes university authorities, investors, and policymakers to seek solutions that can meet the burgeoning demand.