Ivanhoé Cambridge invests $645m in Scape’s Aussie student housing fund

Ivanhoé Cambridge invests $645m in Scape’s Aussie student housing fund

Australia-based student housing operator Scape has received A$1 billion ($645 million) from Ivanhoe Cambridge to fund Scape Core Program

Ivanhoé Cambridge, a property arm of Canada’s second-biggest pension fund, has poured A$1 billion ($645 million) into Australia’s largest student accommodation fund which is managed by Australia-based rental residential operator Scape.