Supercharging education precincts – a new potential
Creating the ideal melting pot of education, social diversity and industry in education precincts can trigger great innovation and economic outcomes for communities, industry and government, a new report details.
In its Precincts Discussion Paper, released 1 March 2023, The Property Council of Australia has found large amounts of income potential within the education sector. It also outlines better ways for industry and government to work together to add more value to projects.
Over the past two years, Principal Marina Carroll and the other members of the Property Council’s Precincts Committee have studied how existing precincts can be supercharged to create greater value through the property sector working more collaboratively.
“At the heart of the report was the analysis of where New South Wales is up to in terms of precinct development,” said Marina.
“We wanted to understand the status of the relationship between education and the property sector, given education is an asset class in its own right.”