Yugo and Global Student Accommodation open $110m tower for student digs in Adelaide

One of Adelaide’s tallest towers has opened on North Tce. The $110m building is all accommodation – and designed to meet the needs of a specific market.

A $110m student accommodation tower – one of Adelaide’s tallest buildings – has officially opened, as international students slowly return to the state.

The Yugo Adelaide City building can accommodate 725 students, including a mix of locals and those hailing from overseas.

The operators of the development, on the corner of North Tce and Frome St, said 90 per cent of the students taking up places had arrived from other countries.

The new Yugo student accommodation in Adelaide. Picture: Supplied

The tower under construction on North Tce. Picture: Tricia Watkinson

Study Adelaide figures show that Adelaide had 30,656 international students last month – 25,210 studying onshore and 5446 offshore.

That compares with a total of 44,000 international students before Covid-19 hit.

Yugo is the operating partner of Global Student Accommodation, whose development director Travis Harkness said the project was the company’s fifth Australian student housing property, following other complexes in Perth and Melbourne.

“Globally, student housing has proven to be a resilient sector throughout the turbulence of the past few years, underpinned by continuing growing demand for higher education globally and a strong preference for in-person learning,” he said.

Global Student Accommodation managing director for the Asia Pacific Tim Klitscher and StudyAdelaide chief executive Karyn Kent at the site in August 2021. Picture: supplied by Hughes PR

“We see this across Australia and here in Adelaide, where students are attracted by the economic and cultural opportunities and world-leading status of our universities.”

The company said 150 students, of the 370 booked to take places in the complex, have already moved in.

Yugo has accommodation in 65 of the top cities in the world for higher education, spread over nine countries.

Among students to move into the Adelaide development is marine engineering student Carla Millaud, 23, who arrived in Adelaide from Paris in February.

“I’m really enjoying the city and meeting new people. The diversity is incredible because they’re coming from all over the place,” she said.

“I’m learning so many things about the Australian culture and we’re exploring everything together.”

Student Carla Millard, first resident to book at the new Yugo Adelaide City student accommodation. Picture: Kelly Barnes

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