PETALING JAYA: Taylor’s Asset, the property investment and asset management arm of Taylor Education Group and international estate management, and advisory company TrustCapital have announced a joint venture to establish a purpose-built student accommodation (PBSA) investment platform in Malaysia.
The platform is envisioned to aggregate institutional capital for investment in a scalable portfolio of PBSA assets in Malaysia, spanning the acquisition of existing student accommodation assets, as well as the development of new PBSA assets, providing multiple pathways to build and scale the portfolio over time.
Taylor’s Assets will lead design and development and day-to-day portfolio operations, including leasing, property management, marketing and brand standards, leveraging on the expertise of award-winning PBSA operator Taylor’s Residence.
“Building on our established experience in student accommodation, this partnership marks our next step in scaling our capabilities beyond our existing portfolio and building the first institutional-grade PBSA investment platform in Malaysia,” said Taylor's Assets president Sheena Angelina.
TrustCapital will lead fundraising and investment management, including engagement with institutional investors such as pension funds and sovereign wealth funds, initially in Malaysia with a potential for international market outreach.
“Together with Taylor's, we are building more than a portfolio. We are creating a market-leading PBSA brand serving the growing local and international student community that is safe, community-focused and student exclusive,” said TrustCapital joint chief executive officer Shakir Asri.
The joint venture reflects growing demand for quality PBSA in Malaysia, underpinned by rising domestic and international student enrolment. It also supports the Malaysia Higher Education Blueprint 2026–2035, launched in January 2026 which aims to increase international student enrolment in the country from 160,000 currently to 500,000 by 2035.
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