Equity Trustees, the Australian administrator, has been appointed as Responsible Entity for the first public market offering from Auctus Investment Group Limited. The US Student Housing REIT (ASX:USQ) will focus on investing in off-campus US student housing adjacent to large top-tier US public universities with the aim of generating long term, reliable returns. It will own nine properties worth USD136m with portfolio occupancy of 96pct. Auctus focuses on investment opportunities across private equity, infrastructure and private real estate.
