ABC News – Australia ·australia ·2 hours ago

$70m student accommodation plan 'takes pressure off' Darwin rental market

Charles Darwin University (CDU) secured a $70 million loan to build a 14-storey student accommodation building in Darwin's CBD, set for completion by 2028. The facility will provide 352 new beds, aiming to alleviate the housing shortage for students amid rising rental costs. Federal Minister Madeleine King emphasized the project's role in supporting international student growth and the local economy.

Summary by Glance · ABC News – Australia

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