Atira Student Living has entered the Western Australian market, by building and managing its first purpose built student accommodation facility in the heart of Perth’s CBD.
The accommodation is expected to welcome its first students for the start of first semester 2020 in studio, twin and two to six bedroom apartments.
The building, currently under construction at 325-335 Wellington Street in Perth, adds to the company’s eight other sites in Brisbane – where two of three sites are already operational – Melbourne, Adelaide and Sydney.
Atira has over 5,000 beds either operational or in the development pipeline and it aims to deliver 10,000 purpose built student beds in premium inner-city locations in Australia and New Zealand over the next five years.
The portfolio is jointly owned and developed by Blue Sky Private Real Estate and Goldman Sachs, and managed by Atira Student Living.
Atira CEO, Andrea Slingsby, said the Perth project was an important milestone for the company in the implementation of its strategy to become the market leader in delivering purpose-built student accommodation for international and domestic clients.
She said it would help address the significant undersupply in student accommodation in major cities around Australia.
“We are very excited to expand our unique student offering to Western Australia to meet growing demand for high quality, purpose built student accommodation,’’ Ms Slingsby said.
“The site offers an excellent location for students, close the heartbeat of the CBD and across the road from bus and train transport.
“There will also be potential to co-locate facilities and amenities for Universities, further enhancing the experience for student residents.
“Atira is meeting the need of students seeking education in one of Australia’s most desirable cities, with a particular focus on catering for the specific needs of international students.
“Australia is attracting more than 300,000 international students every year, representing a major opportunity to deliver our unique services and enhance their Australian educational experience.”
Ms Slingsby said Atira’s model focussed on nurturing academic success through the provision of home-like support and creating connection between students, the community, education providers, lifestyle and professional development.
“Our experience shows that academic success is enhanced when we create a meaningful sense of comfort, connection and belonging which creates a superior overall experience for our students,’’ she said.