Industry News

Deal struck for Melbourne serviced apartment building

Reading Time: < 1 minute Australia: Malaysian developer UEM Sunrise has struck a deal to sell its serviced apartments at Aurora Melbourne Central to student accommodation provider Scape Australia for $125 million.

Industry News

Melbourne serviced apartment deal scrapped

Reading Time: < 1 minute Australia: Malaysian developer UEM Sunrise Bhd (UEMS) has terminated an agreement with The Trust Company (Re Services) Ltd, the trustee for Ascendas Australia Hotel Trust (AAHT) to buy a serviced apartment block at Aurora Melbourne.