AXA IM, Allianz, APG and Scape Australia student housing JV buys Urbanest

A joint venture comprising AXA Investment Managers - Real Assets, Allianz, APG, and Scape have agreed to acquire Urbanest, a portfolio of student accommodation properties in four major Australian cities, AXA IM - Real Assets announced in a press release on Wednesday.

Urbanest’s A$2bn (€1.2bn) stu...