Overview
Scape provides student housing in London, Dublin, and Australia, with thousands of beds in purpose-built buildings near universities. It aims to make students feel safe, at home, and connected to new ideas and city life, with staff and a community that supports them during and after their stay. The product combines housing with safety, community, guidance, and access to services to help students adjust to university life. It differentiates itself by serving a large international student population across multiple cities and offering ongoing support beyond a place to sleep, with the goal of helping students thrive academically and personally.
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About Scape
Industries
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$160.4M
Headquarters
London, United Kingdom
Founded
2012
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Simplify's Take
What believers are saying
- September 2, 2026 State Library Exchange started construction, targeting 1,420 students by 2029.
- Scape and RMIT committed over A$270 million, plus A$190 million lease income.
- Aareal refinanced Scape Leeds with £66.5 million in late 2025, extending liquidity.
What critics are saying
- Randwick Council moved in March 2026 to stall student-housing approvals, pressuring Sydney expansion.
- Scape's London and Melbourne pipeline relies on refinancing and completion before 2029.
- If PBSA incentives tighten, Scape's tower economics weaken and institutional capital exits.
What makes Scape unique
- Scape runs 20,000-plus beds across 41 buildings, making it Australia's PBSA scale leader.
- RMIT's 15-year lease at State Library Exchange embeds university demand through 2041.
- Scape repeatedly securitizes assets and development JVs, attracting A$3 billion debt in 2024-2026.
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Funding
Total Funding
$160.4M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Profit Sharing
Growth & Insights and Company News
6 month growth
2%1 year growth
2%2 year growth
2%RMIT, Scape plan world's tallest PBSA tower for Melbourne CBD. RMIT University and Scape have announced one of the most significant investments in Melbourne's CBD in recent years, committing more than $270 million combined to establish a mixed-use PBSA tower above the city's new State Library Metro Tunnel station. Scape chief executive Anouk Darling told The Urban Developer the building would be the tallest student accommodation tower in the world. RMIT has signed a $190-million, 15-year lease for the first nine levels for flexible, hands-on learning spaces to bring students into closer contact with industry partners. TUD+ Member Only Content Get the full story. Become a TUD+ member to unlock this article, plus exclusive analysis and member-only events and webinars. You'll return here after signing up. Leon Della Bosca The Urban Developer - Features Editor Leon leverages over 20 years of publishing nous in his role as features editor at The Urban Developer. With a keen eye for innovation, he identifies and showcases the change-makers revolutionising construction techniques, architecture, design, urban planning and property technology across the sector.
Scape Leeds spans two main structures comprising a 32-storey tower and 11-storey lower block
Scape secures £66.5m aareal loan for 693-bed leeds PBSA scheme. The loans refinances the newly completed, 693-bed student scheme. Want to keep reading? Unlock 9 free articles - your gateway to property intelligence. Register FREE today and enjoy 9 complimentary articles packed with: * Daily market briefings so you act faster on deals and developments * Finance insights to manage risk and spot opportunities. * Expert analysis that informs strategy and builds credibility * Sector-specific intelligence to identify risks and opportunities. * Legal and compliance updates to stay on the right side of regulation. * People moves to keep you connected with industry leaders. Ready for more? Subscribe today for unlimited access to the UK's most trusted property intelligence.
A student accommodation provider is set to expand its London co-living offer thanks to a £125 million deal. Scape has secured… | Construction | London | Education | Funding | Business Growth | Manufacturing & Construction | University |
Investec Real Estate (“Investec”) has arranged a £55 million loan for Scape Group, one of the UK’s largest providers of PBSA and Living units, to fund the
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About Scape
Industries
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$160.4M
Headquarters
London, United Kingdom
Founded
2012
Scape is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today